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Bail Out

The Takeaway

Another 8 Million Cars Recalled. Was the GM Bailout Worth It?

Tuesday, July 01, 2014

On Tuesday, General Motors announced a recall of more than 8 million additional vehicle, bringing the total number of vehicles recalled by GM this year to 28 million. Uncertainty is once again swirling around GM's future, leading many to ask the questions: Why did America bailout GM? And was it worth it?

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The Brian Lehrer Show

Eliot Spitzer on AIG, Al Jazeera

Thursday, January 10, 2013

Eliot Spitzer, former governor and attorney general of New York joins the Brian Lehrer Show to talk about AIG's decision not to join the lawsuit over the federal bailout and Al Jazeera's purchase of Current TV.

 

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The Takeaway

Central Banks Opens Credit to Struggling Euro Zone Banks

Friday, September 16, 2011

The European Central Bank announced yesterday it will work with the Federal Reserve to open new lines of credit to banks in the 17 nations that use the euro. The Bank of England, Bank of Japan and the Swiss National Bank are also pitching in to help. The ECB says it will allow banks in the euro zone to borrow money for three months — rather than the previous rule of a week — which injects dollar liquidity into European banks. The news comes as European banks are suffering from chronic financial squeezes.

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