Curated Video
The housing crisis likely will last into 2010 until the credit market revives and government rescue programs have time to make an impact, the head of the Federal Deposit Insurance Corp. said Thursday.
HEADLINE: FDIC chief: Foreclosure plan needed
CAPTION: The head of the Federal Deposit Insurance Corporation says the housing crisis likely will last into 2010, until the credit market revives and government rescue programs have time to...
Curated Video
Greenspan, Snow hearing on financial crisis
1. Wide of Former Federal Reserve Chairman Alan Greenspan, Securities and Exchange Commission Chairman Chris Cox and Former Treasury Secretary John Snow testifying at the House Oversight and Government Reform Committee
2. SOUNDBITE:...
Curated Video
Worried customers flood IndyMac branches to withdraw money
1. Wide of IndyMac bank
2. Entrance to IndyMac bank
3. Various of customers waiting in line
4. Close-up of water bucket put out for customers
5. Water bucket with customers standing nearby
6. Customers at front of line waiting to be let...
Curated Video
President Barack Obama put in a plug for the request Treasury Secretary Timothy Geithner made to Congress for extraordinary authority to take over failing companies like AIG, much as the Federal Deposit Insurance Corp. now does for banks.
HEADLINE: Obama: More authority needed to deal with AIG
CAPTION: President Barack Obama put in a plug for the request Treasury Secretary Timothy Geithner made to Congress for extraordinary authority to take over failing companies like...
Curated Video
Bush tells Senate to take rescue plan "very seriously"
1. Wide shot of US President George W. Bush meeting with the top US military commander in Afghanistan, General David McKiernan ++MUTE++
2. SOUNDBITE: (English) George W. Bush, US President:
"I appreciate Senator Harry Reid's leadership...
Curated Video
Paulson, Bernanke testify at congressional hearing
1. US Treasury Secretary Henry Paulson and Federal Reserve Chairman Ben Bernanke walk into hearing room
2. Wide shot photographers
3. Committee chairman Barney Frank bangs the gavel
4. Cutaway of Paulson and Bernanke at hearing
5....
Curated Video
WRAP Bailout vote, reax from Bush, Pelosi, Republicans, analyst
Washington, DC
1. Wide of House of Representatives
2. Close of Congresswoman Ellen Tauscher commencing vote UPSOUND: (English) Ellen Tauscher, Presiding Member of Congress: "This is a 15 minute vote."
3. Wide of voting
4. Mid of end of...
Khan Academy
FRB Commentary 2: Deposit Insurance
Going into more detail about the potential weaknesses of fractional reserve banking, this video introduces some of the ways the economy has been engineered to address these issues, such as the "lender of last resort" and insurance...
Curated OER
How the Federal Reserve Works, Part 4
Follow banking through the 1920s. An era that truly went from boom to bust, the stock market lost over 30% of its value. By 1933, the economy was still failing, and Roosevelt needed more money to pay for his large-budgeted plans. How did...