Dec 26 Watch Nobel Laureates Trace How the Economy Began to Fall Apart The subprime mortgage meltdown and subsequent downward spiral caught some officials and the public off guard. Yet there were some clear indicators of the impending crisis. Paul Solman speaks to two Nobel award-winning economists about how the economy began to… Continue watching
Dec 23 Watch Report Unearths Regulatory Failures in IndyMac Case Financial regulatory efforts apparently failed in the case of IndyMac, which was reportedly allowed to alter records to appear stronger than it was shortly before the sub-prime meltdown. Analysts take a closer look. Continue watching
Dec 18 Watch New Financial Team to Tackle Obama’s Calls for Oversight President-elect Barack Obama called for more regulatory reform as he announced his picks for key financial positions, and tapped veteran securities regulator Mary Schapiro to head the Securities and Exchange Commission. Continue watching
Dec 16 Watch Madoff’s Wall Street Schemes Snare Several Prominent Investors The size of the scandal surrounding Wall Street trader Bernard Madoff's alleged fraud continues to unravel, drawing in charities, foundations and top investors. Mort Zuckerman, the head of a charitable trust caught up in the schemes, and an SEC analyst… Continue watching
Dec 15 Watch Obama Unveils Environmental, Energy Policy Team President-elect Barack Obama named a former head of the EPA and a Nobel prize-winning scientist to his energy and environmental policy teams Monday. Analysts discuss how Obama's picks will carry out his agenda. Continue watching
Nov 21 Watch French Finance Minister Reflects on Economic Crisis Despite the deepening global financial crisis, France experienced a slight uptick in economic growth during the third quarter. French Finance Minister Christine Lagarde describes her country's situation in an interview with Margaret Warner. Continue watching
Nov 17 Watch Financial Crisis Shows Global Reach in Sluggish British Economy On the heels of this weekend's G-20 summit of world leaders to assess the economic crisis, Margaret Warner reports from London on how the financial turmoil has impacted Great Britain -- where the upheaval has hit especially hard. Continue watching
Nov 15 G-20 Leaders Outline Joint Efforts to Avoid Future Economic Crises By PBS News Hour As the G-20 economic summit drew to a close Saturday, President Bush and the leaders of nearly two dozen countries agreed to flag risky investing and regulatory loopholes in the hopes of preventing future financial meltdowns. Continue reading
Nov 13 Watch Paulson Defends Federal Financial Rescue Effort Treasury Secretary Henry Paulson defended the changes made to the $700 billion rescue plan aimed at helping consumers. He told the NewsHour he never expected it to lead to a quick recovery of bank lending. Continue watching
Oct 22 Foreclosure Rates for 3rd Quarter Up 70% From Last Year By Admin, PBS News Hour New data released Thursday show the number of homeowners caught in the foreclosure crisis grew by more than 70 percent in the third quarter compared with the same period last year. Continue reading