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Angry protesters again took to the streets in Athens over the cuts and tax hikes the Greek government is planning amidst a financial bailout from the European Union and the International Monetary Fund. Margaret Warner talks to an economist about…
The European Union and the International Monetary Fund have made progress in securing a rescue package to keep Greece from defaulting on its debt, as citizens protested the stark austerity measures the government is considering. Margaret Warner reports.
Sen. Chris Dodd, D-Conn., chairman of the Senate Banking Committee, has unveiled a plan to regulate banks and large firms and limit the amount of risk they can assume after the financial crisis. In a newsmaker interview, Judy Woodruff talks…
As Greece seeks support of its plan to bring its finances back from the brink of collapse, there are fears the weakening euro could impact the U.S. in its own economic recovery. Judy Woodruff talks to Greek Prime Minister George…
Greece's Prime Minister George Papandreou visited Washington and several other nations this week to ask for support cracking down on speculative trading to help Athens employ reforms to help its budget crisis.
After a liquidity crisis in 2008, insurance giant AIG is preparing for a $35 billion deal to sell its Asia unit to Britain's Prudential. Jeffrey Brown talks to Andrew Ross Sorkin of the New York Times about AIG's attempts to…
Senate Banking Committee Chairman Chris Dodd, D-Conn., unveiled legislation Tuesday that would dramatically reform how U.S. banks are regulated. The bill differs from legislation moving through the House of Representatives on several key issues.
By Business Desk
Question: Chairman Bernanke mentioned in the News Hour forum back in July that the key trigger to Depression 1.0 was the failure of a large central European bank. With Austrian and other banks in deep distress (I believe Austrian banks…
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