tom: it once seemedike a surehing, now support for a second term for d chairman ben rnanke is slipping in the senate. hput american taxpayers funds at risk. susie: byron rgan s among the behind the anti-bernanke montum. that uncertaintybout bernanke and the ture of the fed led to a stk sell-off for a third straight day. you re watching nightly business report for fday, januar22. captiong sponsored by wpbt is is nightly business report th susie gharib and tom huds. nightly busess report made possible by: ñiñi thisrogram was made possible by contributions tyour pbs statn from viewers like you. thank you. tom: good eveng, everyone. the ock is ticking for ben bernke. his terms fed chief runs out next week and there e fresh doubts today aboutis confirmaon for a second term. susie: tom, two more demoatic senators said today they wl not vote for bernanke, but present obama said bernanke is the besterson for the job and s confident he ll get confirmed. tom: la thi
the question i had is in terms of the review done in may. is there any thought that that would become a more regular process of capital review, in view of the changing circumstances in the economy and in terms of also the changing systemic risk that specific asset classes that we are seeing? well, the specific details of the scap review was probably a unique event. generous oversight. so we don t anticipate repeat that specific cross-bank review in the near term. that being said, as i mentioned in my remarks, many of the lessons that we learned from the so-called stress test, the ability to cross look across firms at their exposures to use quantitative assessments to try to establish consistent measurements across firms, to gather additional information, to have more frequent and higher-level interaction with the managements of the firms. all those things will be part of our supervisory process going forward. again, i don t anticipate a repeating the stress test in the
captioning sponsored by wpbt paul: consumer spending ticks up, but there s a catch, much of the gain came from cash for clunkers sales. so will americans still spend when aid from uncle sam disappears. we get some answers. susie: intel says consumer demand is picking up as more and more people buy laptop computers. the computer chipmaker says it expects to post stronger sales in the third quarter. paul: tonight s market monitor guest is a long-term bull, but he thinks profit taking might be wise right about now. he s john dorfman, chairman of thunderstorm capital. susie: then, rooms full of people busy drawing the latest in animated films. but it s not hollywood, it s india. we look at the latest outsourcing trend that s turning into a blockbuster hit for bollywood. paul: i m paul kangas susie: and i m susie gharib. this is nightly business report for friday, august 28. nightly business report is made possible by: this program was made possible by contributions
captioning sponsored by wpbt paul: your bank deposits are safe. that s the word from sheila bair. but the head of the fdic says the fund protecting those deposits has dropped sharply, hit with almost $4 billion in losses. susie: up and down wall street, folks are wondering why so many banks are failing when the economy is improving. coming up, a look at the disconnect between bank health and the recovery. paul: call it the benmosche effect. a.i.g. shares surge 27% on hopes new ceo robert benmosche can turn around the troubled insurer. susie: then, we talk with robert toll, c.e.o. of toll brothers. the luxury home builder s loss widens in its latest quarter. but he says orders are starting to pick up. paul: i m paul kangas. susie: and i m susie gharib. this is nightly business report for thursday, august 27. nightly business report is made possible by: this program was made possible by contributions to your pbs station from viewers like you. thank you. 7//& s
paul: ben bernanke says the economy could start growing soon, but the recovery could be slow because so many americans don t have jobs. we get some analysis on the bernanke outlook from former fed bank president robert mcteer. susie: existing home sales surge as buyers pick up bargains and take advantage of the first time buyer tax credit. the news caps a volatile week on wall street, and sends stocks to fresh highs for the year. paul: tonight s market monitor guest sees dow 10,000 by the end of the year. he s mark skousen, editor of forecasts and strategies. susie: dealers are expecting a rush on this last weekend for cash for clunkers deals, but what happens next with clunkers claims and future sales. paul: i m paul kangas. susie: and i m susie gharib. this is nightly business report for friday, august 21. nightly business report is made possible by: this program was made possible by contributions to your pbs station from viewers like you. thank you. cap