Seris about cutting spending in order to reduce trillion dollar deficits and a National Debt that is now mindboggling league not monotonous. House minority leader disagrees vehemently with the speaker on how to reduce deficits and debt. Today she offered a paradoxical statement on fiscal policy that would make both casey stiegel and yogi berra proud. The nation now just 24 day away from 600 billion of spending cuts and tax increases that will automatically kicked in. And pelosi has some wise words for washington. Please listen terror. This is a moment of truth. The clock is ticking. Christmas is coming. The goose is getting fat. In many Homes Across America it is very, very lean times. You cannot cut your way to deficit reduction. Lou thats right. Pesi sys we cannot get our way to deficit reduction. Listen to the top democrat in the house of representatives, the former speaker of the house unveiling on dealing with the fiscal crisis one more time. In my Homes Across America ad is a ver
Insist that the president gets serious about cutting spending in order to reduce trillion dollar deficits and a National Debt that is now mindboggling league not monotonous. House minority leader disagrees vehemently with the speaker on how to reduce deficits and debt. Today she offered a paradoxical statement on fiscal policy that would make both casey stiegel and yogi berra proud. The nation now just 24 days away from 600 billion of pending cuts and tax increases that will automatically kicked in. And pelosi has some wise words for washington. Please listen terror. This is a moment of truth. The clock is ticki. Christmas is coming. The goose is getting fat. In many Homes Across America it is very, very lean times. You cannot cut your way to deficit reduction. Lou thats right. Pelosi says we cannot get our way to deficit reduction. Listen to the top democrat in the house of representatives the former speaker of the house unveiling on dealing with the fiscal crisis one more time. In ma
Isnt the government supposed to protect the investors . Yes. Arent they charged with informing investors . Yes. Why didnt they do it . Welcome to 60 minutes on cnbc. Im bob simon. Even though fraud played a significant role in the 2008 meltdown of the american economy, as of late 2012, there have been several civil suits filed against major wall street financial firms, but not a single criminal prosecution. In this edition, we look back at the 2008 financial crisis and the failure of government regulators to prosecute those who might be criminally responsible. Later, Lehman Brothers bankruptcy investigator Anton Valukas shares his findings on the collapse of the giant Investment Bank where no senior official has ever faced charges in the biggest bankruptcy in u. S. History. But first we begin with a ninemonth 60 minutes investigation looking for wall street cases that might have prosecutorial merit. In december 2011, steve kroft reported on two such cases. We begin with a woman named E
Isnt the government supposed to protect the investors . Yes. Arent they charged with informing investors . Yes. Why didnt they do it . Welcome to 60 minutes on cnbc. Im bob simon. Even though fraud played a significant role in the 2008 meltdown of the american economy, as of late 2012, there have been several civil suits filed against major wall street financial firms, but not a single criminal prosecution. In this edition, we look back at the 2008 financial crisis and the failure of government regulators to prosecute those who might be criminally responsible. Later, Lehman Brothers bankruptcy investigator Anton Valukas shares his findings on the collapse of the giant Investment Bank where no senior official has ever faced charges in the biggest bankruptcy in u. S. History. But first we begin with a ninemonth 60 minutes investigation looking for wall street cases that might have prosecutorial merit. In december 2011, steve kroft reported on two such cases. We begin with a woman named E
Now on booktv Thomas Stanton argues the main difference between companies that successfully made it through the 2008 financial crisis and those that didnt was the willingness of upper management to listen to feedback before making decisions. This is about an hour and 15 minutes. Good afternoon and welcome to the cato institute. I am the director of Financial Regulation studies at cato. I am also honored to serve as moderator for todays book form. Reading press coverage of the financial crisis one comes across phrases such as banks did this and banks did that. These generalities, there was no response to the financial crisis or events that preceded it. To confirm took different approaches and several ceos and their boards made poor decisions, others made good decisions, prudent decisions and sometimes brilliant decision that not only saved their firms but about and to gain market share come out stronger than ever. In my own riding i tend to place considerable emphasis on the poor Public