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Market analysis with Dan Silver
(NECN) - The Dow Jones industrial average plunges 678 points that's more than seven percent to close at 8,579. The Nasdaq composite drops 95 points, closing at 1,645. The S-and-P 500 sinks 75 to finish at 909. Regionally -- Bloomberg...
Video|Thu, 9 Oct 2008|More from Boston.com
|FDICfound at2:29
“…before. The the Fed is guaranteeing these -- we didn't have the FDIC back then. So this is a very serious situation and and it's it's approaching. You know analogies to the great depression but …”
My WBZ Afternoon Headlines 10/08/2008
Some good news on Wall Street, A I G execs get blasted, Michelle Obama's in New Hampshire, Dice K gets the ball in game one, these stories and more, in the WBZ Afternoon News.
Audio|Wed, 8 Oct 2008|More from WBZ NewsRadio Headlines
|FDICfound at13:14
“…Boston savings banks or visit -- SB dot com member FDIC -- the idea equal housing lenders WBZ his time. …”
Paulson: Patience Needed
Treasury Secretary Henry Paulson says patience is needed as the federal government tries to help stabilize a teetering economy.
Video|Wed, 8 Oct 2008|More from bos
|FDICfound at0:02
“…The treasury the Federal Reserve in the FDIC. . We use all their authorities to promote the process of repair and recovery. And to contain -- to the financial system that …”
Before the Bell 10/06/2008
WBZ Financial Editor Dave Caruso tooks an early look at what's happening on Wall Street.
Audio|Mon, 6 Oct 2008|More from Dave Caruso's Before the Bell
|FDICfound at2:43
“…can do it by giving him more money and not have the FDIC step and so. We'll see the -- going to handle that first argument right now. …”
Bush asking for patience
(NECN) - The Treasury Department is already working to get money flowing after Congress passed the $700 billion rescue package on Friday. But President Bush is asking Americans for their patience. "While these efforts will be effective,...
Video|Sat, 4 Oct 2008|More from Boston.com
|FDICfound at0:43
“…distressed assets from shaky financial institutions. It also raises the limit for FDIC guaranty bank deposits and increases federal oversight of Wall Street transactions. …”
My WBZ Morning Headlines 10/03/2008
No clear winner from last night's VP debate; Red Sox & Angels get ready for Game 2 of the ALDS.
Audio|Fri, 3 Oct 2008|More from WBZ NewsRadio Headlines
|FDICfound at4:05, 5:58
“…deal worth fifteen billion is being done without government assistance. The update FDIC originally got Citigroup and Wachovia together. A deal subject to approval by Wachovia shareholders. And regulators. Well another late night is ahead …”
“…an agreement in principle to sell its banking operations of Citigroup with FDIC assistance. As Wall Street waits and watches for the house vote on the financial bailout package of French Prime Minister said today …”
My WBZ Morning Headlines 10/03/2008
No clear winner from last night's VP debate; Sox Angels get ready for Game 2 of the ALDS.
Audio|Fri, 3 Oct 2008|More from WBZ NewsRadio Headlines
|FDICfound at4:05, 6:15
“…deal worth fifteen billion is being done without government assistance. The update FDIC originally got Citigroup and Wachovia together. A deal subject to approval by Wachovia shareholders. And regulators. Well another late night is ahead …”
“…an agreement in principle to sell its banking operations of Citigroup with FDIC assistance. As Wall Street waits and watches for the house vote on the financial bailout package of French Prime Minister said today …”
Market analysis with Jim Lowell
(NECN) - Concern the bailout won't be enough to prevent a recession sends stocks sliding. The Dow Jones industrial average slipped one and a half percent to close at 10, 325 For the week, the blue chips lose more than 800 points. Th...
Video|Fri, 3 Oct 2008|More from Boston.com
|FDICfound at2:50
“…Another interesting story today Wachovia bank city group with the FDIC's help the negotiating to buy it and bang out of the woodwork comes Wells Fargo. …”
Bailout bill passes through the Senate
(Peter Howe, NECN) - Senate banking chairman Christopher Dodd carried the day on Wednesday. A 74 to 25 vote by the Senate for the bailout bill was fourteen votes more than the supermajority the bill required. "In my 15 years, I have nev...
Video|Thu, 2 Oct 2008|More from Boston.com
|FDICfound at1:24
“…middle class taxpayers from paying higher AMT Alternative Minimum Tax. Also -- FDIC insurance coverage for bank accounts from a 350000. Dollars. Partly core issues in the current situation but vote getters. Now the big …”
House members gear up for second vote on bailout bill
(NECN/ABC) - Top congressional negotiators are congratulating themselves today after getting the Bush administration's bailout bill passed through the Senate in the midst of a heated presidential election. "We have been able to put th...
Video|Thu, 2 Oct 2008|More from Boston.com
|FDICfound at0:36
“…more support from the GOP rank and file. The changes include increasing FDIC insurance limits to protect money in depositors bank accounts. An offering tax breaks to encourage research development and renewable energy. But those …”