Feb 04 Obama’s Remarks on Executive Compensation By PBS News Hour President Barack Obama and Treasury Secretary Timothy Geithner imposed tough rules Wednesday to rein in corporate pay, capping executive compensation at $500,000 a year for companies getting taxpayer funds. Here are the president's prepared remarks:… Continue reading
Feb 04 Obama Links $500,000 Executive Pay Cap to Bailout Funds By Admin, PBS News Hour President Barack Obama and Treasury Secretary Timothy Geithner announced Wednesday a pay cap of $500,000 for top executives at companies that receive federal dollars under the Troubled Asset Relief Program for struggling banks and corporations. Continue reading
Feb 03 Watch Other News: Auto Sales Drop, Pakistan Supply Route Cut U.S. auto companies reported deep losses in sales Tuesday, while a key supply route was bombed in Pakistan. Judy Woodruff reports on these developments and other news headlines of the day. Continue watching
Feb 03 Was the Wall Street Money Real or Imagined? Question/Comment: Could you explain where all the money went that supposedly vanished during the Wall Street meltdown? Who has it? Was it imaginary or did it really exist? Paul Solman: All Wall Street values are imaginary. All money is imaginary. Continue reading
Feb 02 Watch Reporters Assess Effectiveness of Proposed Stimulus Plan As Congress shapes the stimulus package, the debate rages on over what parts of the bill will be most effective in reviving the country's ailing economy. Business reporters analyze the plan's components. Continue watching
Feb 02 Watch In Other News, Senate Debates Stimulus Plan as Pittsburgh Heralds Super Bowl Win The Senate resumed debate on the $900 economic stimulus package that hit snags among Republicans concerned about the rising costs of the package. Jim Lehrer reports on this and other top news of the day. Continue watching
Jan 30 Watch Rethinking Regulation’s Role in a Struggling Economy A new government report cites continued oversight problems for the $700 billion federal rescue plan. Ray Suarez examines emerging views on regulation's role in the U.S. economy and the possible creation of a government-run "bad bank" that would help take… Continue watching
Jan 30 Watch Backlash Continues Over Billions Paid in Wall Street Bonuses in 2008 In one of the worst economic years in history, Wall Street executives received more than $18 billion in bonuses. Experts examine how such bonuses work, followed by the analysis of Mark Shields and David Brooks. Continue watching
Jan 27 Watch Mitchell Travels to Middle East, Gates Announces Afghanistan Troop Increase U.S. envoy to the Middle East George Mitchell began his first trip to the region Tuesday, and Defense Secretary Robert Gates called Afghanistan America's "greatest military challenge" as he announced that thousands more troops will be sent there this spring. Continue watching
Jan 26 Watch Stocks Edge Higher, Iceland’s Government Collapses Stocks edged higher Tuesday despite a new round of U.S. job cuts and Iceland's coalition government collapsed amid fallout from the global economic crisis. Judy Woodruff recaps the day's news headlines. Continue watching