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Why the U.S. Government Bought 'Troubled Assets'

Clip: 8/2/2012 | 7m 40s

Making Sen$e of Bailouts: Why the U.S. Government Bought 'Troubled Assets'

The Troubled Asset Relief Program was created in 2008 to prevent financial collapse by allowing the U.S. government to buy up troubled assets. But it ended up being used to bailout big banks. Paul Solman talks to Neil Barofsky, author of the new book "Bailout," about his role as the former TARP Special Inspector General.

08/02/2012

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Major corporate funding for the PBS News Hour is provided by BDO, BNSF, Consumer Cellular, American Cruise Lines, and Raymond James. Funding for the PBS NewsHour Weekend is provided by...

California Water: Will Thirsty Interests Divert More Water?

Clip: 8/2/2012 | 8m 54s | California Water Wars: Will Thirsty Interests Divert More Water? (8m 54s)

Historic Win for U.S. Gymnast Douglas; U.K. Gets First Gold

Clip: 8/2/2012 | 2m 56s | Historic Win for U.S. Gymnast Douglas; U.K. Claims Its First Gold of the Games (2m 56s)

News Wrap: European Central Bank Buys Bonds to Down Rates

Clip: 8/2/2012 | 3m 5s | News Wrap: European Central Bank Buys Bonds to Bring Down Borrowing Rates (3m 5s)

Olympics: A 'Breakthrough' Win and a Badminton Scandal

Clip: 8/2/2012 | 6m 16s | Olympic Highs and Lows: A 'Breakthrough' Win and a Badminton Scandal (6m 16s)

On Historic Day at London Games, How the 'Torch Was Passed'

Clip: 8/2/2012 | 3m 10s | On Historic Day at London Games, How the 'Torch Was Passed (3m 10s)

Political Checklist: Sequestration

Clip: 8/2/2012 | 2m 56s | Christina Bellantoni with Margaret Warner. (2m 56s)

Study: Romney Tax Plan Would Most Benefit Wealthy Americans

Clip: 8/2/2012 | 11m 9s | Study Says Romney's Tax Plan Would Most Benefit Wealthy Americans (11m 9s)

Syrian Diplomatic Failure May Foreshadow Military Resolution

Clip: 8/2/2012 | 3m 8s | Diplomatic Failure in Syria May Foreshadow Military Resolution (3m 8s)

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