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What the Fed Did for Bear Stearns
With a looming recession, the Federal Reserve has taken an unusually active roll in trying to prevent a total collapse. Ken Kuttner, a former Fed staff economist, discusses the role the Fed is playing in the current economic turmoil.
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Dalai Lama Answers Chinese Critics on Tibet
Chinese authorities blame the Dalai Lama for recent protests seeking independence for Tibet. But the Dalai Lama said Monday that he does not seek independence for Tibet — only true autonomy.
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Bear Stearns Collapse Costly to Many
Many people lost big money as Bear Stearns collapsed, among them British billionaire Joseph Lewis and Dallas-based money manager James Barrow. But employees may take the biggest hit. Collectively, they owned a huge stake in the bank.
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Deposed Thai Premier Maintains Rural Popularity
Former Thai Prime Minister Thaksin Shinawatra pleads not guilty to corruption charges after returning from exile. He remains very popular, particularly among Thailand's rural people and urban poor for his financial and social welfare policies.
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Spitzer Giving Way to Paterson in New York
Saying he looks at his brief tenure as "what might have been," New York Gov. Eliot Spitzer resigned Wednesday. The former state attorney general, who fought Wall Street and organized crime, was named as a client of a prostitution ring.
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How Dollar's Falling Value Hits U.S. Companies
Tom Groos, chairman of Viking Group Inc., which makes fire suppression equipment such as sprinklers and fire extinguishers, says the dollar's falling value hasn't hurt his company. But overseas business travel does cause sticker shock now, he says.
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White House Unveils Plan to Overhaul Credit Rules
The Bush Administration unveiled its plan Thursday for overhauling the vast regulatory system to prevent another crisis in the nation's credit markets. It said banks, mortgage companies, investors and credit-rating agencies all share in the blame, and it proposed that mortgage brokers be licensed and added new voluntary guidelines.
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How Did Spitzer Get Involved in Prostitution Ring?
New York Governor Eliot Spitzer is under fire after he was accused of involvement in a prostitution ring. We examine how he first came under scrutiny.
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Spitzer Speculation Abounds in N.Y. Capital
One day after New York Gov. Eliot Spitzer admitted involvement with prostitution, NPR's Mike Pesca reports on how the news is playing in Albany.
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Obama Leads in Mississippi Democratic Primary
Michele Norris talks with NPR Senior Washington Editor Ron Elving and NPR Correspondent Audie Cornish about Tuesday's primary in Mississippi. The Magnolia State is the only state with a primary Tuesday. The next major primary is late next month in Pennsylvania. Cornish is with Barack Obama campaign supporters in Jackson, Miss.
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