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The Leonard Lopate Show

Turning Around GM

Tuesday, February 05, 2013

In 2009, Ed Whitacre, former chairman and CEO of AT&T, came out of retirement at the request of President Obama, to take over the corporate reins at General Motors when the automotive manufacturer was on the brink of bankruptcy. GM reached record profitability two years later. In American Turnaround: Reinventing AT&T and GM and the Way We Do Business in the USA, Whitacre describes his unique management style, the process of turning GM around, and what shaped his career.

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The Leonard Lopate Show

money, financial, stock market, money

Bailed Out, Covered Up

Thursday, January 31, 2013

Former Vice chairman of the Federal Reserve Board and Wall St. Journal columnist Alan Blinder discusses the financial meltdown and what lies ahead for our economic future. Alex Gibney on his latest documentary, how the Catholic Church has covered up sexual abuse. Edward Ball tells the true story of an unusual collaboration between the inventor of moving pictures who was a cold-blooded killer and the railroad tycoon Leland Stanford.

The Leonard Lopate Show

Alan Blinder on Financial Crisis, the Response, and the Work Ahead

Thursday, January 31, 2013

Alan Blinder, Princeton professor, Wall Street Journal columnist, and former vice chairman of the Federal Reserve Board, explains how the worst economic crisis in postwar American history happened, what the government did to address it, and what is still left to do. In After the Music Stopped: The Financial Crisis, the Response, and the Work Ahead Blinder argues that the U.S. financial system became too complex and too unregulated, which created a perfect storm beginning in 2007. He makes the case for government intervention and explains how it prevented a total financial meltdown.

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The Takeaway

With Dreamliner Still Grounded, How Much Does Boeing Stand to Lose?

Tuesday, January 29, 2013

With Boeing's 787 Dreamliner planes still grounded around the world, analysts are asking how much money the company stands to lose. Carol Hymowitz has been covering Boeing for Bloomberg News, where she's the editor-at-large.

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The Leonard Lopate Show

Paul Krugman on the Economy

Tuesday, January 29, 2013

Are we on the road to recovery? Nobel Prize-winning economist Paul Krugman talks with Leonard Lopate.

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Money Talking

Money Talking: Does Davos Matter?

Friday, January 25, 2013

Political leaders, CEO and even a few celebrities are rubbing elbows and discussing the world’s biggest political and economic challenges in Davos, Switzerland. Why should we care?

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The Brian Lehrer Show

December Jobs Report Reaction

Friday, January 04, 2013

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The Leonard Lopate Show

The First American Industrial Revolution

Thursday, January 03, 2013

Charles R. Morris tells the history of the Industrial Revolution in America and explains how, after the Civil War, the United States blew by Great Britain to become the greatest economic power in the world. In The Dawn of Innovation: The First American Industrial Revolution, Morris paints a portrait of a new nation buzzing with the work of creation.

 

 

 

 

 

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WNYC News

House Votes To Approve 'Fiscal Cliff' Legislation

Tuesday, January 01, 2013

By Bill Chappell / Scott Neuman

The compromise deal, which was approved by the Senate earlier Tuesday, stops large tax increases for 99 percent of Americans and delays massive spending cuts for two months. The bill now goes to President Obama, who is expected to sign it into law.

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WNYC News

What Does Senate Budget Deal Mean For You?

Tuesday, January 01, 2013

By John Ydste / Steve Inskeep

The Senate passed a measure early into the New Year, and now it's up to the house to vote on the deal, which will most likely happen by Wednesday. The measure cleared the Senate on an 89-8 vote, hours after V.P. Joe Biden and Senate GOP Leader Mitch McConnell sealed a deal.

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WNYC News

After Fruitless Weekend, Congress Still Seeks Fiscal Deal

Monday, December 31, 2012

By David Welna

Both the House and the Senate were in session Sunday evening, but a bipartisan push by Senate leaders fell short. Monday is the last day to avoid the tax hikes and spending cuts, though Congress may still reach a deal over the next few days.

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WNYC News

Obama 'Modestly Optimistic' On Cliff Deal; 'He Won,' Says Graham

Sunday, December 30, 2012

By Melisa Goh

President Obama went on air to levy pressure on Congress Sunday as Senate leaders worked to negotiate a deal to avert the "fiscal cliff." Graham said the odds of a last-minute deal are "exceedingly good."

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WNYC News

Reading The Economic Tea Leaves For 2013

Friday, December 28, 2012

By John Ydstie

Mark Zandi of Moody's Analytics predicts a last-minute deal on the "fiscal cliff" might be an early drag on next year's economy, but by year's end, the economy will be gaining momentum. If there's no deal? "I don't even want to think about it," he says.

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WNYC News

'Fiscal Cliff' Countdown: 4 Days Until The Plunge

Friday, December 28, 2012

By David Welna

So far there are no signs of a breakthrough in talks between Democrats and Republicans in Washington to stave off the tax hikes and spending cuts set to take effect on New Year's Day. President Obama has summoned top congressional leaders for talks at the White House on Friday.

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WNYC News

Toyota Moves To Settle 'Sudden Acceleration' Lawsuits For More Than $1 Billion

Wednesday, December 26, 2012

By Bill Chappell

Owners of Toyota vehicles that experienced sudden and unintended acceleration have reached a settlement requiring the carmaker to pay as much as $1.4 billion in claims. A judge will review the proposal Friday.

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WNYC News

NYSE Being Bought For $8.2B By Atlanta-Based IntercontinentalExchange

Thursday, December 20, 2012

By Mark Memmott

The deal would end the New York Stock Exchange's independence and seems to underscore its diminishing influence. Other exchanges, such as ICE, have pioneered futures trading. Regulators are expected to OK the acquisition.

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WNYC News

Post-Sandy, Newly Unemployed Struggle To Stay Afloat

Wednesday, December 12, 2012

By Margot Adler

While the storm did not influence the nation's jobless figures as much as expected, there are still thousands of people who are unemployed in Sandy's wake. Many businesses on the East Coast are still making repairs or have closed entirely, leaving many families in limbo.

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WNYC News

'Paris Hilton Tax' Vs. 'Death Tax': A Lesser-Known Fiscal Debate

Tuesday, December 11, 2012

By Scott Horsley : White House Correspondent for NPR News

The estate tax is yet another piece of the fiscal cliff that needs to be worked out. Those who want to the raise what they call the "Paris Hilton tax" say it applies only to the very rich, who can afford to pay. Opponents of the increase, however, brand it the "death tax" and say it hurts farmers and small-business owners.

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WNYC News

Delta Makes Deal To Buy 49 Percent Of Virgin Atlantic

Tuesday, December 11, 2012

By Mark Memmott

The American carrier is hoping to crack into the lucrative New York-to-London route. The deal, which needs regulators' approvals, would also let Delta's passengers connect with Virgin's flights out of London.

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The Takeaway

The Meyerson Symphony Center, home of the Dallas Symphony Orchestra

Dallas Is One of Only Three U.S. Cities that Has Recovered Fully from the Recession

Tuesday, December 11, 2012

Last week the Brookings Institution named Knoxville, Dallas, and Pittsburgh the only three American cities to have officially emerged from the recession. And Dallas is not just an oil town anymore. Technology and finance are driving the city’s growing economy. Mayor Mike Rawlings shares the city's recipe for growth.

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