May 06 Watch U.S. Markets Plunge Amid Greece Fears, Possible Tech Glitch Stocks plunged then rallied slightly as concerns grew that Greece's ongoing debt crisis would impact the global financial recovery. Also, a possible technical glitch was being investigated by market officials. Jeffrey Brown reports. Continue watching
May 05 Watch News Wrap: Volcanic Ash from Iceland Grounds More European Flights In other news Wednesday, a cloud of volcanic ash from Iceland grounded flights in Scotland and Northern Ireland for a second day, and the U.S. Senate has dropped a $50 billion fund intended for liquidating banks from financial reform amendments… Continue watching
Apr 30 Watch News Wrap: Goldman Sachs Faces Criminal Probe In other news Friday, the federal government began a criminal probe into financial firm Goldman Sachs, following the civil charges launched by the Securities and Exchange Commission. The government also reported that consumer spending helped lift the economy last quarter,… Continue watching
Apr 29 Watch News Wrap: Financial Reform Inches Forward with Senate Cooperation In other news Thursday, debate began on a financial reform bill in the Senate after Republicans allowed the measure to move forward, and Florida Gov. Charlie Crist announced he will leave the Republican Party to run for the Senate as… Continue watching
Apr 26 Watch Goldman Sachs E-Mails May Fuel Senate Hearing Newly released e-mails from Goldman Sachs executives reveal new information about what the company may have known as the housing market fell. Ray Suarez talks to a New York Times reporter about the e-mails and Tuesday's Senate hearings. Continue watching
Apr 22 Text: Obama’s Speech on Wall Street Reform By Maureen Hoch President Obama delivered a speech on Wall Street reform at Cooper Union in New York City Thursday. Following is the text of his remarks, as prepared for delivery and distributed by the White House. Continue reading
Apr 22 Watch Summers: Bank Reforms Would Halt ‘Too Big to Fail’ Mentality As the Senate prepares to consider new financial regulations, Jeffrey Brown talks to White House financial adviser Larry Summers about whether reform efforts could prevent another financial meltdown. Continue watching
Apr 22 Watch Obama Asks Wall Street for Reform Support as Senate Battle Looms President Obama admonished Wall Street for fighting financial reforms as the Senate prepares to consider new regulations for the country's financial system. Judy Woodruff reports on reactions in the financial community. Continue watching
Apr 19 Watch Fraud Charges Feed Financial Reform Debate With the SEC filing a civil charge against Wall Street powerhouse Goldman Sachs, accusing it of defrauding investors, Jeffrey Brown speaks with University of Maryland law professor Michael Greenberger and attorney John Singer about the fallout for the firm and… Continue watching
Mar 12 Wall Street ‘Abuzz’ Over Lehman Autopsy Report A massive 2,200-page report detailing what brought about the collapse of Lehman Brothers in September 2008 was released late Thursday, concluding that "accounting gimmicks" and "balance sheet manipulation" by some executives helped turn the 158-year-old financial firm into… Continue reading