Jul 16 Watch Was Record Settlement Against Goldman Sachs a Good Deal for Company? Accused by the Securities Exchange Commission of civil fraud, Wall Street behemoth Goldman Sachs agreed this week to a record $550 million settlement, but did not admit to or deny the SEC's allegations. Jeffrey Brown speaks with experts about whether… Continue watching
Jul 16 Watch News Wrap: Stocks Tumble on Consumer Sentiment, Earnings Numbers In other news Friday, U.S. stocks fell after a reading of consumer sentiment fell sharply and investors were disappointed by earnings reported by Bank of America and Citigroup. Also, federal officials announced the largest-ever crackdown on Medicare fraud. Continue watching
Jul 14 Watch News Wrap: Federal Reserve Lowers Economic Growth Forecast In other news Wednesday, the Federal Reserve said that its latest estimate for economic growth will not be as high as it predicted in April. Continue watching
Jul 13 Watch Obama Sees Poll Numbers Fall as Economic Woes Drag On President Obama faces falling poll numbers with many Americans claiming they have lost faith in the president's ability to handle the economic crisis. Continue watching
Jul 12 Watch News Wrap: Warrant Issued for President of Sudan In other news Monday, the International Criminal Court at The Hague issued an arrest warrant for Sudanese President Omar al-Bashir and Swiss authorities freed movie director Roman Polanski from electronic monitoring after rejecting extradition requests by the U.S. Continue watching
Jul 08 Watch News Wrap: Cuban Government Promises to Release Political Prisoners In other news Thursday, Cuba's government promised to release 52 dissidents over the few months. Also, three men believed to have ties to al-Qaida have been arrested in Norwayand Germany. Continue watching
Jun 30 Watch News Wrap: House Passes Financial Reform; Senate Vote Pending In other news Wednesday, the House of Representatives passed a compromise on a federal regulatory reform bill after a $19 billion fee on large banks and hedge funds was dropped from the legislation. Also, a former top executive at AIG… Continue watching
Jun 29 Watch News Wrap: Stocks Plunge Over Consumer Confidence Concerns In other news Tuesday, Wall Street dropped following a wave of new worries about consumer spending and overseas sell-offs. Also, President Barack Obama voiced confidence about the fate of the financial regulatory reform bill even without the vote of late… Continue watching
Jun 25 Watch News Wrap: June Deadliest Month for NATO Troops in Afghanistan In other news Friday, three more American troops were killed in Afghanistan, bringing the U.S. death toll for June to 48. Also, oil continues to wash onto beaches in Florida and Mississippi as Thad Allen warned that a potential storm… Continue watching
Jun 25 Watch Early Morning Compromises in Congress Advance Wall Street Reforms Early Friday, the House and Senate reached an agreement on a set of Wall Street reforms after a marathon session. Jeffrey Brown talks to Nomi Prins, former managing director at Goldman Sachs, and Douglas Elliot, former investment banker for JPMorgan,… Continue watching