Fallout: The Financial Crisis
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AIG to pay top managers more bonuses
by
Dan Grech
Jul 10, 2009
AIG is due to pay about 40 senior managers delayed performance bonuses totaling $2.4 million. But this time around, the company has asked for the blessing of the Obama administration's new compensation czar. Dan Grech reports.
Accountants are the new cool kids
Jul 9, 2009
Brokers and deal makers used to be the popular kids on Wall Street, but the economic collapse has changed all that. Kai Ryssdal talks with Randy Beatty, dean of the Leventhal School of Accounting at USC, about what is now the sexier financial occupation.
Economy needs more stimulus money
Jul 9, 2009
With unemployment above 9.5% and companies continuing to shed jobs, debate is increasing over whether another stimulus package would help. Commentator and economist Justin Wolfers says there's no question -- the economy needs a further boost.
Market springs up for California IOUs
Jul 9, 2009
A week after California started issuing IOUs for its unpaid bills, a market has started forming to buy and sell them. Julie Small reports.
Mass. loses big bucks on film tax breaks
Jul 9, 2009
Massachusetts has been wooing film productions with tax breaks as a means of bringing money into the state. But its Department of Revenue says the state has lost more than $95 million due to the incentives. Rico Gagliano reports.
Ecuador seeks credit for conservation
by
Sam Eaton
Jul 9, 2009
The South American country is seeking $3 billion in carbon credits in exchange for leaving some of its Amazon oil reserves untapped. Sam Eaton reports.
Ethnic newspapers suffer in downturn
by
Amy Scott
Jul 8, 2009
The latest issue of Boston's Bay State Banner could be its last. Amy Scott reports the recession is hurting a number of minority-owned and ethnic newspapers.
For public good, not for profit.
Upside: Garden center sees growth
Jul 6, 2009
Tom Givvin at the Marina del Rey Garden Center in Los Angeles tells how and why his business is doing well in the recession.
Why hasn't the stimulus trickled down?
by
Steve Henn
Jul 6, 2009
Some pundits say another fiscal stimulus is needed with unemployment at 9.5% and rising. But much of the money from the last stimulus hasn't been spent. Steve Henn reports.
Entrepreneurs are key to recovery
Jul 3, 2009
Paul Kedrosky, senior fellow at the Kauffman Foundation, argues that entrepreneurship is the key to getting us out of this economic mess. He talks with Tess Vigeland about the biggest obstacles facing new businesses.