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
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