Fallout: The Financial Crisis
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Executive pay reforms met with caution
Jun 10, 2009
The Obama administration is proposing reforms to executive pay that would give shareholders and boards of directors a vote on pay packages for top CEOs. John Dimsdale reports on why some corporate managers say the plan is impractical.
TARP payback raises more questions
Jun 9, 2009
The Treasury Department has given 10 banks the OK to pay back TARP funds. The banks did well on the stress tests, but there are questions about whether the TARP did the banks any good, and if the tests were stringent enough. John Dimsdale reports.
What works for U.S. might not for E.U.
Jun 9, 2009
Treasury Secretary Tim Geithner heads to Italy this week for a finance meeting, where he'll press the E.U. to put its banks to the test. But Christopher Werth reports why a standardized approach could actually hurt Europe.
Report: Stress tests should keep going
Jun 9, 2009
The Congressional Oversight Panel is out with a new TARP report today, which may mean added stress for banks. The report suggests that regulators should keep carrying out tests as long as banks hold toxic assets. Ashley Milne-Tyte has the story.
'Buy American' will lose U.S. more jobs
Jun 8, 2009
Commentator Mark Perry says the 'Buy American' clause in the stimulus package makes little sense economically, and might destroy more U.S. jobs than it will save.
Reforms to derivatives could be costly
Jun 8, 2009
Traders bought and sold complex financial contracts called derivatives over the last decade. But no one knew the destruction they'd cause in the new millennium. John Dimsdale reports on new regulation that could be coming to the industry.
Boston Globe reporter votes no to cuts
Jun 8, 2009
The Boston Globe's newsroom will soon vote on a proposal by its parent company for deep pay and benefit cuts. Globe reporter Scott Allen talks with Tess Vigeland about what he thinks of the plan and why he voted against it.
For public good, not for profit.
Feds scrutinize big banks' management
by
Steve Henn
Jun 8, 2009
Regulators are taking a close look at the management and board of directors at some of the nation's biggest banks. Steve Henn reports the feds have already forced some shakeups.
Part-time is better than no-time
Jun 5, 2009
We've reported on the unemployment rate, but what about those who are underemployed? Many people are having difficulty finding jobs offered full-time. Ashley Milne-Tyte reports.
The new stocks on the Dow Jones block
by
Eve Troeh
Jun 5, 2009
General Motors and Citigroup were booted from the Dow Jones index this week. So what's it like for the new kids, Cisco Systems and Travelers? Our Marketplace Players imagine a possible classroom scenario.