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Friday, November 20, 2009

Video: Layaways help Sears and Kmart

Sears posts the best earnings report since the merger of Sears and Kmart while other retailers warn of cautious forecasts

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Tuesday, November 10, 2009

Video: Federal Reserve Says Banks Will Tighten Credit Terms

The Federal Reserve released quarterly survey results today that showed banks are expecting to tighten credit terms. In reaction to a new law to protect consumers from unexcited rate hikes, the Fed said banks will hike rates, cut credit limits, and raise annual fees for borrowers with good and risky credit alike.

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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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Wednesday, March 4, 2009

Video: Government to Provide New Loans

03/03/09 The government hopes to generate up to $1 trillion in news loans to stimulate the credit market.

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Tuesday, February 24, 2009

Video - Obama: We need to restart lending

In an address to Congress and the nation, President Obama says his administration is doing everything possible to restart lending by financial institutions.

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Thursday, February 12, 2009

Video: Can the Credit Market 'Unfreeze' In A Weak Economy?

02/12/09 The lack of credit is one of the main symptoms of the current crisis but can it work in a weak economy and can the economy function without a strong credit market?

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Wednesday, February 11, 2009

Video - Fast Draw: Credit Crunch

Mitch Landis and Josh Butler examine the current crisis now facing credit card companies, who have faced recent difficulty trying to sell off consumer debt to investors.

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Wednesday, January 14, 2009

Video: Bankruptcy Soars in 2008

01/14/09 Amid the ongoing financial turmoil a growing number of companies filed for bankruptcy in 2008.

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Wednesday, December 24, 2008

Video: Wall Street Looking for Normalcy

Jeff Frankel, of Stuart Frankel and Co., says investors are looking at oil prices and equity markets' trading range hoping for normalcy.

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Tuesday, December 23, 2008

Video: What Oversight?

A new report by AP shows little oversight or accountability for TARP money given to banks.

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