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Wednesday, November 25, 2009

Video: FDIC Insurance Fund In the Red

The FDIC's insurance fund posted a loss of $8.2 billion in 3Q of 2009. The agency added 136 insured banks to its list of "problem" banks.

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Video: AIG CEO Signs Non-Compete Contract

The CEO of AIG has reportedly signed a non-compete contract, which could be a sign that he plans to stay put at the struggling insurer. The Wall Street Journal reported today that AIG chairman Harvey Golub told the newspaper that CEO Robert Benmosche is committed to leading the company until the job is done.

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Friday, September 11, 2009

Video: One year since Lehman's demise

A look back at the collapse of Lehman Brothers and the financial crisis of 2008.

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Friday, August 28, 2009

Video: 08/28 List of Troubled Banks Grows

08/28/09 There are 416 troubled banks on the government's watch list, one third more than before.

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Friday, July 17, 2009

Video: Lawmakers accuse Paulson of bending to bank CEO

House lawmakers on Thursday accused former Treasury Secretary Henry Paulson of bending to the demands of a major bank and keeping negotiations of a hefty bailout secret in his rush to stabilize the financial markets last year.

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Thursday, July 9, 2009

Video: 07/09 AIG Back in the Spotlight

07/09/09 AIG shares plunge after analysts note the company's stock may be worthless.

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Thursday, June 25, 2009

Video - Bernanke: I Did Not Bully BofA to Buy Merrill

Federal Reserve Chairman Ben Bernanke has told Congress that he didn't pressure Bank of America into acquiring Merrill Lynch in a deal that ultimately cost taxpayers $20 billion.

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Tuesday, June 9, 2009

Video: Supreme Court clears way for Chrysler sale to Fiat

The Supreme Court on Tuesday cleared the way for Chrysler's sale to Fiat, turning down a last-ditch bid by opponents of the deal.

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Thursday, June 4, 2009

Video: 06/04 Banks Try To Repay TARP

06/04/09 Banks raise money to repay the government bailout, the bailout one CEO referred to as the "scarlett letter."

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Monday, June 1, 2009

Video: Workers ponder their futures under GM bankruptcy

General Motors Corp. said Monday it will permanently close nine more plants and idle three others to trim production and labor costs under bankruptcy protection. The AP's Mark Carlson reports from Michigan.

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Friday, May 29, 2009

Video: UAW members approve General Motors concessions

Members of the United Auto Workers union have ratified a package of concessions designed to reduce General Motors' labor costs.

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Thursday, May 28, 2009

Video: Chrysler's CEO sees sale to Fiat closing Friday

Chrysler CEO Robert Nardelli told a bankruptcy judge he expects the sale of the bulk of Chrysler's assets to a group headed by Italy's Fiat Group SpA to close Friday, assuming the judge approves the deal.

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Video - Vision for GM: Less debt, mostly US-owned

The government's road map for GM would send it into bankruptcy, erase most of its debt and eventually have it emerge leaner and stronger, largely owned by the taxpayers. Mark Carlson reports from Flint, Michigan.

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Wednesday, May 20, 2009

Video - Geithner: AIG untanglement more difficult

Treasury Secretary Timothy Geithner foresees a lengthy involvement with American International Group and is not ruling out more aid to the insurance conglomerate.

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Friday, May 8, 2009

Video: Stress tests find 10 big banks need $75B more

Ten of the nation's largest financial firms need to raise $75 billion more capital to withstand losses that would come with a deeper recession, the gov't. said in a report card that found the banking system viable but still vulnerable.

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Thursday, May 7, 2009

Video: Stress test results

The bank stress test results deliver clarity to investors.

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Video: Bank stress tests due out

The government is set to release the results of tests meant to find out what happens to 19 large financial firms if conditions were to worsen. AP Business Editor Mark Hamrick reports.

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Friday, May 1, 2009

Video: 05/01 Government to Delay Stress Test Results

05/01/09 The US government will delay the release of stress test results until May 7, after the market close, as banks dispute the findings.

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Thursday, April 30, 2009

Video: 04/30 GM's Bondholders Offer Their Own Proposal

04/30/09 On a day when Chrsyler files for Ch. 11, GM's bondholder's offer a deal to keep General Motors afloat.

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Video: Obama backs Chrysler bankruptcy as wise move

President Barack Obama says he supports Chrysler's decision to seek bankruptcy protection and that its looming partnership with Fiat will save one of America's 'most storied automakers.'

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