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Wall Street

WNYC News

Bloomberg Upbeat on Handling of Fiscal Crisis

Thursday, September 18, 2008

Mayor Michael Bloomberg is expressing confidence in the CEO's and government officials who are dealing with the financial crisis on Wall Street.

BLOOMBERG: They know what the problem is and there's no easy solution. We've gotten ourselves in a situation that has taken a long time ...

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The Brian Lehrer Show

What Should Washington Do?

Wednesday, September 17, 2008

James Parrott, deputy director and chief economist at the Fiscal Policy Institute, and Nicole Gelinas, a fellow at the Manhattan Institute, discuss how the government should respond to the latest fiscal crisis.

Comments [33]

The Brian Lehrer Show

Saving AIG

Wednesday, September 17, 2008

David Paterson, Governor of the State of New York, talks about the deal struck to rescue AIG from bankruptcy.

Comments [27]

The Brian Lehrer Show

Market Watch

Wednesday, September 17, 2008

AIG has been bailed out to the tune of $85 billion. NPR's international business and economics correspondent Adam Davidson updates the latest.

Comments [52]

WNYC News

US to Take Over AIG in $85 Billion Bailout

Wednesday, September 17, 2008

Governor Paterson says the federal government's bailout of insurance giant AIG will help stave off a fiscal crisis for New York state. WNYC's Isaac-Davy Aronson reports.

REPORTER: Governor Paterson and his superintendent of insurance, Eric Dinallo, had lobbied hard for the Fed to step in, with ...

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The Brian Lehrer Show

First Responders

Tuesday, September 16, 2008

Daniel Gross, columnist for Slate and Newsweek, looks at how John McCain and Barack Obama are responding to this week's financial troubles.

Comments [16]

The Brian Lehrer Show

City Business

Tuesday, September 16, 2008

Kathryn Wylde, president & CEO of the Partnership for New York City, and Richmond McCoy, CEO of Urban America, discuss the fall-out of the Lehman Brothers, Bear Stearns and Merrill Lynch meltdowns and the effect on New York City.

Comments [40]

WNYC News

Troubled Firm Could Shake Up Manhattan Real Estate

Tuesday, September 16, 2008

Lehman Brothers' bankruptcy will likely have domino effects on other industries, especially if it decides to sell its Times Square headquarters and sublease other space it uses. WNYC's Matthew Schuerman has more.

REPORTER: Throughout Manhattan, the bank occupies a total of about 2.7 million square feet ...

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WNYC News

Advice for Job Seekers: Don't Wait

Tuesday, September 16, 2008

Thousands of people in New York City are expected to lose their jobs in the coming weeks, as Lehman Brothers goes through bankruptcy and Merrill Lynch is absorbed by Bank of America. To talk about the impact on New York's job market, and how job-seekers ...

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The Brian Lehrer Show

Open Phones: The Economy

Monday, September 15, 2008

Lehman Brothers makes headlines, but what's the trickle down effect? How is the economy affecting your day-to-day life? Are you changing your buying habits? Or how you save money? John Authers, investment editor at the Financial Times, fields listeners' questions and explains some of the basic financial forces ...

Comments [2]

The Brian Lehrer Show

The Glass Half Full

Monday, September 15, 2008

The current fiscal crisis does have its perks. Motley Fool senior analyst Tim Hanson talks about how to grab the economic slump by the horns.

Comments [6]

The Brian Lehrer Show

Bros. Grim

Monday, September 15, 2008

Lehman Brothers is likely to file for Chapter 11 bankruptcy today. New York Times columnist Paul Krugman looks at what this means for our economy as a whole, while Crain's NY Business editor Greg David sizes up the impact here in New York.

Comments [36]

The Brian Lehrer Show

Economic Wrap-Up

Friday, September 12, 2008

Daniel Gross, columnist for Slate and Newsweek, forecasts a bleak future for banking giant Washington Mutual, and talks about other top stories in economic news.

Comments [11]

WNYC News

What Lehman's Downfall Means for New York

Friday, September 12, 2008

It looks like New York City is about to lose another one of its big financial institutions. Investment bank Lehman Brothers is up for sale, and top executives are racing to find buyers. The company's stock price was down 14 percent by the market's close ...

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WNYC News

Mortgage Giants to Halt Subprime Transactions in NYS

Wednesday, August 27, 2008

The nation's two largest secondary mortgage corporations, Fannie Mae and Freddie Mac, say they'll stop buying subprime mortgages in New York State. WNYC's Ilya Marritz has more.

REPORTER: The trigger was Gov. David Paterson's signature on a new law intended to help subprime borrowers about to ...

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WNYC News

Mayor Expects Little Tax Revenue from Wall Street

Thursday, August 21, 2008

The nation's fourth-biggest investment bank, Lehman Brothers will release its next quarterly report in the next few weeks.

REPORTER: Lehman is rumored to be shopping around some of its assets in a bid to improve its balance sheets. Last quarter, the bank showed a $2.8 billion ...

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