Fallout: The Financial Crisis
Thank you for your submission!
From This Collection
Lewis kept quiet about Merrill deal
Apr 23, 2009
The New York attorney general is releasing testimony today from Bank of America CEO Ken Lewis, which indicates he was told not to reveal Merrill Lynch's financial problems before the bank acquired it. Ashley Milne-Tyte reports.
President Obama's overall grade: C+
Apr 22, 2009
As the Obama administration moves closer to its 100th day, commentator Robert Reich gives his report card.
How the economy is affecting the poor
Apr 22, 2009
The World Bank has cautioned the public to not forget about the poorest countries in this downturn. Kai Ryssdal speaks with World Bank President Robert Zoellick about how developing nations are being affected by the recession and what can be done.
Credit defaults may be next big problem
Apr 22, 2009
President Obama is preparing to meet with credit card firms to discuss the fees and restrictions they slap on users -- which aren't helping with delinquencies. Stacey Vanek-Smith reports.
Geithner: U.S. a big contributor to crisis
by
Steve Henn
Apr 22, 2009
Treasury Secretary Timothy Geithner says the U.S. is largely to blame for the world's financial crisis. Steve Henn reports that the U.S. still needs the world's help to clean up the mess.
Can antitrust laws break up big banks?
Apr 21, 2009
A congressional committee is discussing criteria to use in determining if a financial institution is too big to fail. Duke law professor Zephyr Teachout talks to Bob Moon about whether antitrust laws can be used to break up the financials.
Public-private plan vulnerable to fraud
by
Steve Henn
Apr 21, 2009
Watchdogs for the bank bailout program have launched 20 criminal investigations into potential fraud. The public-private toxic buy-up plan could also be prone to fraud and abuse. Steve Henn reports.
For public good, not for profit.
Smaller banks provide a reality check
Apr 21, 2009
Treasury Secy. Geithner says the federal bailout fund has enough money to cover troubled banks' capital demands. But some regional banks are reporting worse-than-expected earnings. Will they need more help? John Dimsdale reports.
Report: TARP favors private investors
Apr 21, 2009
A report says the Treasury needs to do a better job of tracking how banks are using bailout money. Treasury Secretary Tim Geithner will face that and other criticism before Congress this morning. Ashley Milne-Tyte reports.
Paying a high price for a Pulitzer Prize
Apr 20, 2009
Pulitzer Prizes for journalism are typically awarded for in-depth, investigative stories that cost a lot to produce. With newspapers struggling to survive, is the price to win too high? Jeremy Hobson reports.