Jun 30 Watch Other News: Markets Slip on Consumer Confidence Data In other news, U.S. stocks fell after an unexpected decline in consumer confidence, and the F.D.A. may seek to ban certain common painkillers. Continue watching
Jun 29 Watch Madoff Sentenced to 150 Years in Prison for Ponzi Scheme Disgraced financier Bernard Madoff was sentenced Monday to 150 years in prison after pleading guilty in March to defrauding investors out of as much as $60 billion. Ray Suarez talks to New York Times reporter Diana Henriques about the day… Continue watching
Jun 29 Madoff Sentenced to 150 Years in Prison By Admin, PBS News Hour Financier Bernard Madoff was sentenced Monday to 150 years in prison after pleading guilty in March to bilking investors out of as much as $65 billion over two decades. Continue reading
Jun 25 Fed Chief Denies Wrongdoing in BofA Deal By PBS News Hour Federal Reserve Chairman Ben Bernanke testified before a House committee Thursday, facing questions on the Fed's role in pushing Bank of America to acquire the struggling Merrill Lynch during the height of the Wall Street meltdown. Continue reading
Jun 23 Watch Other News: National Security Adviser Meets with Afghan Candidates In other news, U.S. national security adviser James Jones met with candidates in Afghanistan's upcoming presidential election to press for a free and fair contest, and U.S. airstrikes in Pakistan reportedly killed nine people at a Taliban training camp. Continue watching
Jun 19 Watch Shields and Brooks Mull U.S. Response to Iran Columnists Mark Shields and David Brooks discuss the Obama administration's response to political turmoil in Iran and new plans to overhaul the financial regulation system. Continue watching
Jun 18 Watch Geithner Defends Plan for Regulatory Overhaul In an interview with Jim Lehrer, Treasury Secretary Timothy Geithner details the administration's case for a sweeping overhaul of the financial regulation system and discusses the government's role in shaping an economic recovery. Continue watching
Jun 18 Watch Other News: Senate Passes $106 Billion War Funding Bill In other news, the U.S. Senate approved a $106 war funding bill, and a Pakistani intelligence official said a U.S. drone attack killed 13 people at a Taliban encampment. Continue watching
Jun 17 Watch Regulatory Reform Plan Aimed at Protecting Larger Economy President Barack Obama proposed a major overhaul of financial industry regulation Wednesday. White House adviser Christina Romer explains the administration's plans. Continue watching
Jun 17 President Obama Seeks Overhaul of Financial Market Oversight By Admin, PBS News Hour President Barack Obama proposed Wednesday sweeping changes to the way the government oversees financial institutions in an attempt to remedy the regulatory system that failed to detect the global economic crisis. Continue reading