Oct 16 Watch Bank Earnings Reveal Mixed Recovery on Wall Street Third-quarter earnings revealed a mixed picture on Wall Street as Goldman Sachs and J.P. Morgan Chase posted healthy profits, while Bank of America continued to struggle under the weight of rising credit card delinquencies and mortgage defaults. Continue watching
Oct 14 Watch Wall Street Set for Record Payouts a Year After Crash Despite heightened scrutiny from both the public and regulators in the wake of the AIG bonus scandal, compensation on Wall Street is set for a record year in 2009. Jeffrey Brown reports. Continue watching
Oct 14 Watch Dow Closes Above 10,000 for First Time in a Year The Dow Jones industrial average closed Wednesday above 10,000 for the first time since Oct. 3, 2008. Ray Suarez speaks with a Washington Post reporter about the significance. Continue watching
Oct 06 Watch Commercial Real Estate May Be Next Victim of Recession Just two years ago an office space in midtown Manhattan could fetch close to $1.7 billion. Today, the same property trades for about $600 million. A sign the commercial real estate market will be the next shoe to drop in… Continue watching
Oct 01 Bernanke Calls for 'Council of Regulators' By Carolyn O'Hara Testifying before lawmakers Thursday, Ben Bernanke reiterated a call for the Fed to be given supervisory powers over institutions that pose a systemic risk to the financial system, and proposed that a council of regulators help monitor risk. Continue reading
Sep 24 G-20 Leaders Urge Financial Reforms, but Dramatic Results Seen as Unlikely By Carolyn O'Hara As the leaders of the G-20 meet in Pittsburgh to discuss how to overhaul the global financial system, countries are calling for a wide spectrum of reforms. But a dramatic overhaul of how the global economy is run may be… Continue reading
Sep 24 Snapshot: Economies of the G-20 By Online DA The financial crisis barreled through industrialized and developing nations, bruising once vital economies, and thrusting unhealthy ones further into decline. With G-20 leaders in Pittsburgh this week, here is a look at where their economies stand. Continue reading
Sep 18 Watch One Year On, Hurdles Remain for Reforming Wall Street One year after the fall of Lehman Brothers' brought the global economy to the brink of collapse, questions remain as to whether the government has been tough enough on Wall Street. Experts explain why. Continue watching
Sep 18 Lehman's Lawyer on the Decision to Let It Fail By Business Desk Editor’s note: Paul also recently sat down with Harvey Miller, lawyer for Lehman Brothers during its descent into bankruptcy, for an insider’s look at what it was like meeting with government regulators as Lehman faced collapsed. Continue reading
Sep 17 What Has Been the Most Surprising Effect of the Financial Crisis? By Business Desk Editor’s note: All this week on the Business Desk, we have been featuring contributions from economists, financial journalists, and other experts on the origins and impact of the financial crisis. Today, we asked a few of our favorite experts who… Continue reading