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
Mar 11 Watch News Wrap: U.S. Home Foreclosure Rate May Be Slowing In other news Thursday, home foreclosures rose by 6 percent in February, the smallest amount in four years. Also, partial election results show the Iraqi prime minister running neck-and-neck with a challenger. Continue watching
Mar 05 Watch News Wrap: Jobless Claims Boost Confidence on Wall Street In other news Friday, positive unemployment numbers from Labor Department helped Wall Street rally, and General Motors announced it will reinstate 600 dealerships it had planned to close. Continue watching
Feb 25 Watch Bernanke Responds to Greek Debt Crisis Greece's financial woes are causing problems on its own shores, as public workers protested government cuts Wendesday. But the debt crisis is making waves abroad as well. Jeffrey Brown talks to Roben Farzhad with Bloomberg Business Week for more. Continue watching
Feb 08 Goldman CEO Takes Home ‘Modest’ $9 Million Bonus; Thain Goes to CIT As the mid-Atlantic region was hunkering down for a massive winter storm Friday afternoon, Goldman Sachs and JPMorgan Chase ended weeks of speculation on Wall Street and announced their CEOs' bonuses: $9 million in stock for Goldman Sachs… Continue reading
Feb 02 Watch Are Big Banks Good for the Economy? The Obama administration is trying to rein in big banks, but Robert Kelly, chief executive officer of Bank of New York, says that's a big mistake. Continue watching
Jan 27 Watch Geithner Defends AIG Bailout at Fiery Hearing Under fire from lawmakers Wednesday, Treasury Secretary Timothy Geithner defended the bailout of insurance giant AIG as "in the best interests of the American people."… Continue watching
Jan 25 Watch Obama Looks to ‘Reestablish’ Economic Security President Obama is expected to pay particular attention to the needs of middle-class voters in Wednesday's State of the Union. Continue watching
Jan 21 Watch Are Bank Restrictions Enough to Prevent Another Recession? Judy Woodruff speaks with Rep. Scott Garrett, R-N.J., about the proposed restrictions on the nation's financial institutions and how this will affect consumers and the economy. Continue watching
Jan 08 Watch Jobless Rate Holds Steady, Dashing Hopes for Speedy Recovery The U.S. economy shed 85,000 jobs in December, keeping the unemployment rate at 10 percent and dampening the outlook for a quick economic recovery. Continue watching