Curated Video
As early as Monday, the administration is expected to roll out a plan to rid banks of their toxic assets and speed the flow of loans.
HEADLINE: Government to unveil 'toxic assets' plan Monday
CAPTION: The Obama administration is set to unveil on Monday a multi-pronged attack on the problem at the heart of the nation's financial crisis _ a mountain of toxic...
Curated Video
President Obama speech on reform of financial sector
Washington, DC - June 17, 2009
1. Mid of President Barack Obama walking to podium
2. Wide, as audience sits
3. SOUNDBITE: (English) Barack Obama, US President:
"It is an indisputable fact that one of the most significant contributors to...
Curated Video
Obama to outline plan for reviving economy, calls crisis "devastating"
1. SOUNDBITE: (English) US President Barack Obama:
Yesterday we learned that our economy shrank by nearly 4 percent from October through December. That decline was the largest in over a quarter century."
2. SOUNDBITE: (English) US...
Curated Video
USA: US DOLLAR HITS A RECORD LOW
English/Nat
The battered American dollar plunged to record lows on world markets Tuesday as investors dumped the currency. The U-S government took no action to halt the sell-off.
American congressmen Tuesday accused the Clinton...
Bloomberg
Manhattan Home Sellers Hold Back Listings During Coronavirus
Apr.02 -- Worried about the coronavirus, Manhattan homeowners held units back, or withdrew them from the market entirely. That pushed the inventory down 8% at the end of March from the beginning of the year -- the first decline for the...
Bloomberg
Bob Diamond on the Post-Pandemic Banking Landscape
May.18 -- Bob Diamond, co-founder at Atlas Merchant Capital, discusses the outlook for the banking industry in the post-pandemic world. He speaks on "Bloomberg Daybreak: Americas."
Bloomberg
Prudential Chair Vadera on Avoiding an Unequal Recovery
Jun.23 -- Shriti Vadera, Chair, Prudential plc. Speaks with Bloomberg’s Anna Edwards at the Qatar Economic Forum, powered by Bloomberg.
Bloomberg
FCA's Bailey on Libor, 2008 Lessons, Woodford Redemption Freeze
Jun.05 -- Financial Conduct Authority Chief Executive Officer Andrew Bailey discusses the phasing out of the London interbank offered rate (Libor), lessons learned during the 2008 financial crisis and the freeze on redemptions at the...
Curated Video
Trump Nominates Jerome Powell as Fed Chairman
President Donald Trump is choosing Federal Reserve board member Jerome Powell to become the next chair of the U.S. central bank.
In a Rose Garden announcement, Trump called Powell "strong," "committed" and "smart" and said...
Curated Video
USA: US TO GIVE INDONESIA A FURTHER 56 MILLION DOLLARS IN AID
English/Nat
The U-S is to give Indonesia a further 56 million (m) U-S dollars in humanitarian aid - as the country tries to recover from severe economic problems.
Washington said on Tuesday the money will provide food and medical...
Curated Video
USA: GREENSPAN WARNING ON PROJECTED BUDGET SURPLUSES
English/Nat
U-S Federal Reserve Chairman Alan Greenspan urged Congress on Wednesday to exercise caution in deciding how to deal with projected budget surpluses.
Testifying before the House Budget Committee, Greenspan argued that the...
Curated Video
Some top investment bankers on Wall Street are getting bigger year-end bonus checks despite the troubles stemming from the mortgage crisis.
HEADLINE: How much is your year-end bonus?
US Bonuses
CAPTION: While many banks have lost money this year, Wall Street bonus checks are up 14%. That leaves many asking 'is that fair?' (Dec. 21)
[Notes:ANCHOR VOICE]
"Maybe a...
Curated Video
President Obama caps executive pay tied to bailout money
Washington, DC
1. Wide shot US President Barack Obama and Treasury Secretary Timothy Geithner approaching microphones
2. Cutaway, cameras
3. SOUNDBITE: (English) Barack Obama, US President:
"We all need to take responsibility. And this...
Curated Video
UK: LONDON STOCK EXCHANGE: SHARES BOUNCE BACK AFTER RECORD FALL
English/Nat
The U-K stock market endured a nerve racking rollercoaster ride on Tuesday as a surprise rally on Wall Street helped shares in London bounce back from a record fall.
Nearly 132 (b) billion dollars was wiped off shares in...
Curated Video
The Obama administration on Monday launched its much-awaited assault on the worst U.S. banking crisis in 70 years, billions of federal dollars to thaw the nation's frozen credit markets and ease the economy out of recession.
HEADLINE: Obama 'Very confident' bank plan will work
CAPTION: The Obama administration on Monday launched its much-awaited assault on the worst U.S. banking crisis in 70 years, billions of federal dollars to thaw the nation's frozen...
Curated Video
Protestors rally outside IMF, World Bank meetings
HEADLINE: Protestors rally outside IMF, World Bank meetings
CAPTION: IMF policy markers say finance ministers and central bankers should keep close watch to ensure the smooth working of financial markets jarred by the global credit...
Curated Video
WEF chairman says restoring trust is key to pulling world economy out of crisis
1. Zoom in on news conference
2. SOUNDBITE: (English) Klaus Schwab, Executive Chairman of the World Economic Forum:
"Davos is different because it is not a formal decision making meeting with communiques at the end. It is a laboratory...
Bloomberg
Assessing Regulation's Effect on M&A
July 18 -- Dechert Partner Mark Thierfelder and Bloomberg's Jeffrey McCracken discusses the mergers and acquisitions landscape. They speak on "Bloomberg Markets."
Curated Video
Increasing hardship for IDPs in northern Iraq
Two years after Mosul, Iraq's second city, and parts of Nineveh governorate in the north of the country fell to the Islamic State (IS) group, there are more than a million displaced people still living in Kurdish northern Iraq. Some...
Curated Video
USA: ALAN GREENSPAN ASIAN FINANCIAL SITUATION SPEECH
English/Nat
The U-S Federal Reserve Chairman on Thursday expressed some optimism that the Asian financial turmoil may be stabilising.
In a question-answer session with the American Society of Newspaper editors, Greenspan noted improved...
Curated Video
Goldman Sachs CEO Blankfein to retire by year end, reports say
Goldman Sachs Chief Executive Officer Lloyd Blankfein has started plans to retire and could do so as soon as the end of this year, The Wall Street Journal reported on Friday.
Blankfein, 63, has run Goldman since 2006, and...
Bloomberg
Recession Expectations
Former US Treasury Secretary Lawrence H. Summers discusses the outlook for monetary policy and why he believes a recession is "almost inevitable."
Curated Video
Obama unveils plan to tackle bad assets on banks' balance sheets
1. Wide of US President Barack Obama and advisors in Cabinet Room
2. SOUNDBITE: (English) Barack Obama, US President:
"As all of you know we have been busy on a whole host of fronts over the last several weeks with the primary purpose of...
Bloomberg
Former Fed Governor Sarah Bloom Raskin Commends FOMC on Policy Statement
Jan.30 -- Former Federal Reserve Governor Sarah Bloom Raskin reacts to the Federal Reserve saying it will be “patient” on any future interest-rate moves and signaling flexibility on the path for reducing its balance sheet. She speaks...