UNAIDS Head: Death Rates Falling, Treatment IncreasingBut Global Crisis Still Overwhelming…
When Dodd-Frank regulations went into effect in the wake of the financial crisis, the intention was to create new oversight and reduce systemic risk. Part of our After the Fall series on what's happened since the meltdown, Jeffrey Brown and…
Report: NYC, Southern Calif. Among Big Targets of Accelerating Sea Level Rise…
The toxic red sludge from an aluminum plant in Hungary has reached the Danube River, raising concerns of more widespread environmental damage in Europe. Margaret Warner has more.
Question: My question is: What about U.S. bond holders? I’ve seen bailouts of incompetent banks and businesses and some selective shareholder groups. Investment grade bonds were considered to be the safest investment next to…
Question: Thank you for your illuminating illustration of the fiasco involving our banks on PBS. How many banks in this country did not take TARP money and why…
Robert Frank: A British reader posted the following query on my UK publisher’s web site: “Why do tube drivers get paid so much more than bus drivers?” An American economist trying to field questions about markets in the UK…
Question: Instead of the government trying to prevent risky behavior by limiting bonuses and other compensation for the best performers in the finance industry, would it be possible for the government to review risk models that banks use? Paul Solman:…
Financial advice is often loaded with misconceptions and misinformation. In the latest edition of Finance Fallacy, Paul Solman and Boston University professor Zvi Bodie debunk the belief that investing in stocks is the safest, smartest route to financial security over…
Question: I live in California and own California State Bonds. What happens to state bonds if the state goes bankrupt? Paul Solman: They stop paying, both interest and principal. That’s what a default IS. Last September 15, Lehman Brothers…
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