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Economy

The Takeaway

Colorado Springs Tightens its Budget Belt

Thursday, February 04, 2010

Colorado Springs, Colo., has been hit hard by the economic downturn. After public demands for no more tax increases, the city has taken some drastic measures to curb its financial bleeding. City government decided to cut services that many would consider basic: many street lights will be shut off, fire and policemen will be let go, parks will go unmowed and unwatered, and some museums and pools will close.

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The Brian Lehrer Show

Looking Ahead

Thursday, February 04, 2010

If predictions are correct and the U.S. population explodes over the next few decades, the country may undergo some major changes. Joel Kotkin, Distinguished Presidential Fellow in Urban Futures at Chapman University, talks about his new book, The Next Hundred Million: America In 2050, and his ...

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WNYC News

Attorney General Cuomo Files Charges Against Bank of America

Thursday, February 04, 2010

Attorney General Andrew Cuomo is filing civil charges against Bank of America, its former CEO Ken Lewis, and its former chief financial officer for allegedly defrauding investors by hiding huge losses at Merrill Lynch before it acquired the bank in 2008.

Cuomo also says Bank of ...

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WNYC News

Real Estate Scams Flourish in Brooklyn

Thursday, February 04, 2010

Despite a depressed real estate market, mortgage fraud and other related crimes continue to be a major problem, according to Brooklyn District Attorney Charles Hynes. Today he announced charges against 12 people for a variety of unrelated housing schemes, including mortgage fraud.

Three out of the ...

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The Leonard Lopate Show

Eliot Spitzer

Wednesday, February 03, 2010

Former New York State Attorney General and former New York governor Eliot Spitzer discusses the Financial Crisis Inquiry Commission, the current state of Wall Street, and what regulations might prevent banks from taking the kind of dangerous risks that caused the crisis.

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The Leonard Lopate Show

Rising to the Challenge

Wednesday, February 03, 2010

Eliot Spitzer gives us his take on the Financial Crisis Inquiry Commission and the current state of Wall Street. And we’ll speak with the Israeli and Palestinian co-directors of “Ajami,” which has been nominated for an Academy Award. When Ralph Ellison died in 1994, he left behind roughly 2,000 pages ...

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The Takeaway

Miami Mayor on the City's Haitian Community

Wednesday, February 03, 2010

Miami has been in the national news as the American staging ground for many of the relief efforts in Haiti. We talk to Miami's Mayor Tomas Regalado about his many Haitian constituents.

 

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The Takeaway

Federal Housing Administration Struggles as Defaults Rise

Wednesday, February 03, 2010

The Federal Housing Administration used to be a little-known government agency before the housing meltdown. But when Fannie Mae and Freddie Mac collapsed, the FHA started backing more and more loans to homeowners. Now, a growing number of borrowers are defaulting on loans backed by the FHA — and some are wondering if the FHA itself might soon need a bailout.

We find out how the agency is trying to weather the storm created by increased lending. We also get a first-hand look at how the housing crisis is affecting Cleveland, Ohio.

 

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The Leonard Lopate Show

After Empire

Tuesday, February 02, 2010

Dilip Hiro looks at the new century’s emerging power politics and considers how they might rearrange our world order. In After Empire: The Birth of a Multipolar World, he looks at the historic shifts that have undermined America’s position as the world’s sole superpower and have created a new ...

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The Leonard Lopate Show

Shuffling the Decks

Tuesday, February 02, 2010

On today’s show we’ll look at how the Iraq War contributed to the shift of global power away from American dominance. Then, 100 years ago Paris was largely underwater. Jeffrey Jackson tells us how Parisians came together to survive the great flood of 1910. Plus, we’ll celebrate the 40th anniversary ...

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The Brian Lehrer Show

Fair Elections

Tuesday, February 02, 2010

In the wake of the Supreme Court's decision to remove limits on campaign spending, Congress will consider "Fair Election" legislation. Harry Kamen, former chairman and CEO of Metlife, speaks about a letter (PDF of the letter) to Congress signed by multiple CEOs asking for the legislation’s passing, ...

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The Brian Lehrer Show

After The Crash

Tuesday, February 02, 2010

National correspondent for The Atlantic James Fallows expounds upon his cover piece for this month's issue, "How America Can Rise Again."

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WNYC News

State Agency May Help Save Failed Condos

Monday, February 01, 2010

The State of New York Mortgage Agency says it could potentially insure dozens of mortgages so failed condo projects can convert to apartment rentals. As WNYC's Cindy Rodriguez reports, that has kept one project in Brooklyn from blighting a neighborhood.

REPORTER: A144 unit building in Bushwick ...

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WNYC News

Citibank Agrees to Delay Charging Checking Fees

Monday, February 01, 2010

Citigroup Inc. has agreed to allow "free checking" at Citibank to remain free, at least for another year. This comes after a settlement reached with New York Attorney General Andrew Cuomo.

Citibank had planned to start charging monthly fees unless customers maintained a minimum balance. The ...

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WQXR News

U.S. Economy Grows at Fastest Rate in 6 Years

Friday, January 29, 2010

A new report shows the U.S. economy grew by an annualised rate of 5.7% between October and December, the fastest growth in six years.

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The Takeaway

Takeouts: iPad's Naming Controversy, Football's Pro-Bowl

Friday, January 29, 2010

  • BUSINESS TAKEOUT: New York Times reporter Louise Story reports on Apple's new iPad tablet. Many people don't like the name "iPad." In fact, some can't even pronounce it. 
  • SPORTS TAKEOUT: Takeaway sports contributor Ibrahim Abdul Matin reportrs on the controversy surrounding the Pro Bowl. Does moving the game up to a week before the Super Bowl hurt the best players in the league— by forcing them to watch from the sidelines and lose a day of rest at home?

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The Takeaway

Small Business Owners Assess President Obama's Jobs Plan

Friday, January 29, 2010

In his State of the Union address, President Obama proposed to spend $30 billion to help small businesses weather the tough economy. This is the latest move by the administration to support small business owners, but has any of these plans materialized into practical help? We put the question to small business owners in different parts of the country.

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The Takeaway

The State of the Indian Union

Friday, January 29, 2010

All this week, we’ve been focusing on the State of Our Union. President Obama offered his version on Wednesday night. Today in Washington, Jefferson Keel, the president of the National Congress of American Indians and a member of the Chickasaw Nation of Oklahoma, offers his take on the state of the Indian union.

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The Brian Lehrer Show

SOTU Follow-Up: Small Banking Boost

Friday, January 29, 2010

In Wednesday's State of the Union address, President Obama outlined proposals to boost small bank lending. Tom Shara, president and CEO of Lakeland Bank in Oak Ridge, NJ, discusses the potential plans.

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WNYC News

Mayor's Budget Cuts Jobs, But No Tax new Taxes

Friday, January 29, 2010

Mayor Bloomberg says the city needs to close a 5 billion dollar budget deficit by making deep cuts. WNYC's Ailsa Chang has the details.

REPORTER: He says you don't measure the quality of city services by the quantity of city spending. So he's looking to lay ...

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