Tag: Wall Street
The Leonard Lopate Show
Why Wall Street’s Leaders Escaped Prosecution
Tuesday, January 22, 2013
Frontline producer and correspondent Martin Smith talks about his investigation into why the U.S. Department of Justice has failed to act on credible evidence that Wall Street knowingly packaged and sold toxic mortgage loans to investors, loans that brought the U.S. and world economies to the brink of collapse. Frontline’s documentary “The Untouchables” includes interviews with top prosecutors, government officials and industry whistle-blowers, and reports allegations that Wall Street bankers ignored pervasive fraud when buying pools of mortgage loans. “The Untouchables” airs January 22, at 10 p.m., on PBS.
The Leonard Lopate Show
Close Watch
Tuesday, January 22, 2013
On today’s show: Frontline producer Martin Smith describes his investigation into why the U.S. Department of Justice has failed to act on what many argue is credible evidence of crimes on Wall Street. Peter Yost talks about his NOVA documentary “Rise of the Drones,” about how robots are revolutionizing warfare. New Yorker writer Margaret Talbot tells us about the life and career of her father Lyle Talbot, a star during the early days of Hollywood. Plus, Aaron Neville on the release of his latest recording “My True Story.”
Money Talking
Money Talking: Will the Fiscal Cliff Deal Spur Companies to Spend and Hire?
Friday, January 04, 2013
For years, we've heard that the markets hate uncertainty. Well, this week, we got some certainty. On Money Talking, Rana Foroohar and Joe Nocera weigh on whether the fiscal cliff deal will spur companies to start spending money and hiring.
The Brian Lehrer Show
Preet Bharara on Justice
Monday, November 19, 2012
Preet Bharara, the U.S. Attorney for the Southern District of New York, discusses his role in prosecuting Wall Street crime and terror cases.
It's A Free Blog
Opinion: The Skeptic's Case for Barack Obama
Monday, November 05, 2012
Ten words make the case for me: to quote Joe Biden, "Osama bin Laden is dead and General Motors is alive."
Money Talking
Money Talking: The Economic Impact of Sandy
Friday, November 02, 2012
Four days after Hurricane Sandy turned the New York metropolitan area on its head, estimates for the economic damage are coming in as high as $50 billion — making it one of the costliest storms on record.
The Leonard Lopate Show
Greg Smith on Why He Left Goldman Sachs
Wednesday, October 24, 2012
Greg Smith, whose Op-Ed titled "Why I Am Leaving Goldman Sachs," published in the New York Times in March, hit a nerve and drew passionate responses from former Fed chairman Paul Volcker, legendary General Electric CEO Jack Welch, and New York City mayor Mike Bloomberg, tells his story. His new book Why I Left Goldman Sachs: A Wall Street Story, picks up where his Op-Ed left off. He describes his career at Goldman, detailing how the most storied investment bank on Wall Street went from taking iconic companies like Ford, Sears, and Microsoft public to becoming a "vampire squid."
Money Talking
Money Talking: Wall Street CEOs and the Fiscal Cliff
Friday, October 12, 2012
As the November election approaches, lawmakers are spending more time campaigning and less time working to avoid the "fiscal cliff," the trigger set to send Americans' taxes higher and slash federal spending by more than a trillion dollars at midnight on December 31. WNYC's Money Talking, examines whether Wall Street executives still have the clout to spur Congress into making a deal.
WNYC News
A Rising Stock Market Lifts Only Part of Wall Street
Tuesday, October 09, 2012
While the giants of the securities industry are seeing their profits rise, the number of jobs on Wall Street has slipped, and employees can expect smaller bonuses at the year’s end, according to a report from New York Comptroller Tom DiNapoli.
WNYC News
Paul Ryan, Wall Street and Taxes
Tuesday, August 14, 2012
If there's one thing the new Republican candidate for vice president, Paul Ryan, adds to this November’s election, it's a strong contrast with Democrats on the issues of wealth and taxation. With an unusually large number of both very rich and very poor people, it's a choice that will affect the pocketbooks of many New Yorkers.
The Leonard Lopate Show
Sam Israel, the Secret Market, and Wall Street’s Wildest Con
Monday, August 13, 2012
Guy Lawson discusses a massive hedge fund fraud and the search for a “secret market” beneath the financial market. His book Octopus: Sam Israel, the Secret Market, and Wall Street’s Wildest Con tells the story of hedge fund manager Sam Israel, and his year-long adventure in “the Upperworld.”
It's A Free Blog
Opinion: Post-Libor, Romney and Obama Need a Plan to Fix Banking
Monday, July 16, 2012
This is bigger than Obamacare. It's much more significant than Romney continuing as CEO of Bain after 1999. It has a far greater impact on every American this election year than any other issue the candidates have been discussing or will address in presidential debates this fall.
The Takeaway
Barclays CEO Resigns
Tuesday, July 03, 2012
Barclays CEO Bob Diamond resigned this morning, the highest-profile casualty of an interest rate-rigging scandal that involves more than a dozen major banks around the world. The British banking giant is just one institution that is currently under investigation.
WNYC News Blog
Message to Vets: Wall Street Wants You
Thursday, June 21, 2012
Military men and women leaving service are working their military skills into resumes and cover letters as they search for work. Several dozen attended a job fair on Wall Street Thursday, sponsored by financial firms, the U.S. Chamber of Commerce and the Iraq and Afghanistan Veterans of America.
The Leonard Lopate Show
Backstory: Matt Taibbi on JP Morgan Chase
Thursday, May 17, 2012
Matt Taibbi, Contributing Editor for Rolling Stone , joins us to talk about the recent $2 billion-plus loss at JP Morgan Chase and the state of Wall Street. Taibbi is the author of Griftopia: A Story of Bankers, Politicians, and the Most Audacious Power Grab in American History.
The Brian Lehrer Show
Will The London Whale Bring Down JP Morgan?
Monday, May 14, 2012
New York bureau chief and Wall Street correspondent for Marketplace Heidi Moore talks about the huge loss announced by JP Morgan last week, and what it means for the company, regulation and our economy.
The Takeaway
JP Morgan Chase Announces $2 Billion Loss
Friday, May 11, 2012
In a major hit for Wall Street, JP Morgan Chase disclosed a $2 billion loss on Thursday related to its credit investment portfolio. The trickle down effect could mean a loss of another $800 million in the second quarter for the bank’s Chief Investment Office. The Takeaway talks with Michael de la Merced, reporter for The New York Times' Deal Book.
The Takeaway
Edward Conard Argues for Income Inequality in 'Unintended Consequences'
Thursday, May 10, 2012
In 1987, Wall Street came to be personified by the Oliver Stone film of the same name, by Michael Douglas’s Gordon Gekko. "The point is, ladies and gentlemen, that greed, for lack of a better word, is good," Gekko famously preached. Today, the Occupy Wall Street Movement seems to be fighting against this same idea. How, exactly, does the one percent feel about that? Edward Conard, former managing director of Bain Capital, offers his opinion.
WNYC News Blog
'Bad boy' Ex-Investment Manager Sentenced in NYC
Thursday, May 03, 2012
A former investment manager known as Wall Street's "bad boy" has been sentenced to 12 years in prison.
The Takeaway
Michael Kirk on "Money, Power and Wall Street"
Monday, April 23, 2012
Three years after America's largest financial collapse since the Great Depression, the country is still recovering. Some banks have received huge bailouts, but countless Americans are still struggling to get back on their feet. A new four-hour documentary, "Money, Power and Wall Street" investigates what has been done (and not done) to secure America's financial future. Michael Kirk is one of the producers of "Money, Power and Wall Street," which will premiere on Frontline April 24 and May 1 on your local PBS station.