Jul 29 Watch In Forum, Bernanke Says Fed Was Late Addressing Subprime Crisis The third and final installment of a special forum with Federal Reserve chief Ben Bernanke, moderated by Jim Lehrer in Kansas City, Mo. Continue watching
Jul 29 What About Banks That Didn’t Take TARP Money? By Business Desk 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… Continue reading
Jul 28 Watch At Forum, Fed Chairman Calls for Patience on Stimulus In part two of Jim LehrerÆs conversation with Ben Bernanke, the Federal Reserve chief discusses the state of the Obama administrationÆs economic recovery efforts, and the central bank's efforts to help homeowners facing foreclosure. Continue watching
Jul 27 Watch With Trade Hub History, K.C. a Crossroads for Commerce Economics correspondent Paul Solman explores Kansas City, Mo., home to one of 12 regional Federal Reserve banks and a crossroads for the U.S. economy. Continue watching
Jul 27 Watch Bernanke Reflects on Fed’s Aggressive Actions In the first of a three-part discussion, Fed Chairman Ben Bernanke warned that jobless rates may continue to rise and discussed his fears of another Great Depression. Continue watching
Jul 27 Watch At Forum, Bernanke Defends Fed’s Aggressive Moves At a forum in Kansas City, Mo., Federal Reserve Chairman Ben Bernanke discussed the central bank's actions in handling the economic crisis, saying he did not want to be the Fed chief who "presided over the second Great Depression." Here… Continue watching
Jul 21 Bernanke: Fed has Stimulus Exit Strategy By PBS News Hour Federal Reserve Chairman Ben Bernanke looked to assure lawmakers and Wall Street that the central bank will be able to scale down its massive stimulus efforts and avoid inflationary concerns when the economic recovery is more certain. Continue reading
Jul 14 Watch Other News: Obama Predicts More Job Losses, Helicopter Crashes in Afghanistan In other news, President Barack Obama predicted job losses would likely continue to rise for the next few months, and six civilians working for NATO died in Afghanistan when their helicopter crashed. Continue watching
Jul 14 Goldman Sachs Reports Quarterly Profits of $3.4B By PBS News Hour Just a month after paying back $10 billion in government bailout funds, Goldman Sachs reported impressive second-quarter earnings Tuesday, comfortably surpassing analysts' expectations. Continue reading
Jun 25 Fed Chief Denies Wrongdoing in BofA Deal By PBS News Hour Federal Reserve Chairman Ben Bernanke testified before a House committee Thursday, facing questions on the Fed's role in pushing Bank of America to acquire the struggling Merrill Lynch during the height of the Wall Street meltdown. Continue reading