The Introduction of ATMs at CitiBank Wells Fargo's chairman Richard Kovacevich discusses the evolution of banking and finance from WWII to the present and beyond in this latest installment of the "Now and Then" series at The Commonwealth Club of California. In this segment he remembers how he headed the installation of the first ATMs in New York in Citibank.
Running time: 201 seconds
The Problem with the Mark-to-Market Legislation Richard Epstein discusses Weathering the Financial Storm on Wall Street and Main Street. He explains the problem of market to market as part of the bank defaults issue.
Running time: 402 seconds
The Problem of Securitization of Loans Richard Epstein discusses Weathering the Financial Storm on Wall Street and Main Street.This event was part of the Hoover Institution's Fall Retreat 2008.
Running time: 328 seconds
Bill Emmott on the U.S. Bank Crisis and the Rise of Asia For the first time in history, Asia has three great powers simultaneously, all of which are treating the continent as a single economic, strategic and diplomatic space.Such integration raises the prospect that Asian growth could help support the world economy. Bill Emmott explains why this will happen eventually.
Running time: 199 seconds
A 21st Century Redefinition of Social Investment Recently, new investors have been demanding ventures which blend social impact with profit returns.In this panel, leading wealth and investment managers discuss how they are meeting these demands while adding value and driving results. Maximillian Martin of UBS's philanthropy services explains that a new definition of social investment was formed in the last decade.
Running time: 195 seconds
Applying Due Diligence to Social Investments Applying Due Diligence to Social Investments
Social Capital Markets -
Recently, new investors have been demanding ventures which blend social impact with profit returns.In this panel, leading wealth and investment managers discuss how they are meeting these demands while adding value and driving results. Raul Pomares explains that investment houses have to be careful when dealing with social investments.
Running time: 121 seconds
Assessing Profit Return and Risk in Social Investment Recently, new investors have been demanding ventures which blend social impact with profit returns.In this panel, leading wealth and investment managers discuss how they are meeting these demands while adding value and driving results.
Running time: 185 seconds
Thomas Friedman Explains the World's View of China As the balance of energy, innovation, trade, wealth, power and influence continues to rapidly shift throughout the world, China and the US are finding themselves forced to confront a difficult process of constant adjustment. At the same time, much of what we have grown accustomed to when thinking about our own country and China over the past century is called into question.We will not only find ourselves needing to rec
Running time: 147 seconds
Sub-Prime Mess Means Digital Woes
The sub-prime mortgage mess has many implications: new barriers to getting a mortgage, the tumbling stock market, and yes, maybe trouble getting investment dollars for that cool start-up. In the digital economy, the shake-out in the mortgage industry could make a big hit on online advertising with troubled marketers in the home finance market, like Countrywide.
Running time: 179 seconds
Index Investing With a Value Tilt PowerShares' Ed McRedmond explores how non-cap-weighted indexes can give investors better bang for their indexing buck.
Running time: 570 seconds
Weak Bank Earnings Push Stocks Lower Goldman Sachs says its profit dropped 53% in the fourth quarter, while Wells Fargo says it saw an increase. Plus: Last year was the second-worst year for home construction.
Running time: 91 seconds
Housing Market Continues to Struggle Home construction fell to its second-lowest level last year in more than half a century. Plus: Starbucks' customers will soon be able to use smartphones to pay for their lattes.
Running time: 82 seconds
Why Staple Food Is Set for a Price Hike Bloomberg Businessweek Assistant Managing Editor Sheelah Kolhatkar spoke with Jessica Kumari during Backstage Live on why food prices will be rising in 2011 and which ones will be affected the most.
Running time: 444 seconds
Illinois Residents Feel Increased Income Tax Pain Governor Pat Quinn (D-IL) signed a law that boosts the state income tax rate by two-thirds at a time when the national debt is skyrocketing and polls show more than three-quarters of Americans would rather cut spending than raise taxes to lower those deficits. Dean Reynolds reports.
Running time: 129 seconds
Apple Sales Soar 78% The increase last quarter was bolstered by strong holiday demand for its iPhones, iPads, and Mac computers. Plus: Nintendo to announce today details for its 3-D gaming system.
Running time: 91 seconds
Rep. Scott Garrett's Equal Treatment of Covered Bonds Act Panelists discuss the state of the financial industry, recent government intervention to assist investment banks and mortgage lenders.They also discuss current proposals to restructure regulation of the mortgage loan system.Other topics included insuring consumer investments in financial markets and the housing industry, mortgage underwriting procedures, and bond financing.
Running time: 476 seconds
The Blunders of Ben Bernanke and Henry Paulson Robert Reich, former U.S. Secretary of Labor and U.C. - Berkeley Professor of Public Policy, attacks Treasury Secretary Henry Paulson and Federal Reserve Chairman Ben Bernanke for "colossal political blunders" when making the case for the Federal "bailout" of Wall Street.
Running time: 172 seconds
Why the Bail-Out May Be the Beginning of the End Robert Reich is one of America's most respected economic and political thinkers, as well as a distinguished public servant in three national administrations.As the nation's 22nd Secretary of Labor, he implemented the Family and Medical Leave Act, led a national fight against sweatshops in the and illegal child labor around the world. In
Running time: 378 seconds
Covered Bond vs. Mortgage Backed Securities Neel Kashkari begins a discussion of home mortgage finance with a presentation on covered bonds, a mortgage financing tool advocated by the U.S. Department of Treasury.
Running time: 166 seconds
What a Covered Bond Mortgage Finance Is Neel Kashkari begins a discussion of home mortgage finance with a presentation on covered bonds, a mortgage financing tool advocated by the U.S. Department of Treasury.
Running time: 169 seconds
Michael Bloomberg Warns of Another Financial Crisis Wave Mayor Michael Bloomberg addresses a Georgetown audience on the state of the American economic crisis, the steps that should be taken and the steps that have not yet been taken. He characterizes federal responses to date as being akin to "buying an alcoholic a drink."
Running time: 152 seconds
Harry Harding Predicts China's Long Term Economy China's economic size will match that of the U.S. by 2035 and double it in total GDP by midcentury, concludes Albert Keidel in presenting his new policy brief, China's Economic Rise-Fact and Fiction.Keidel and a panel of leading experts on China's economy and military discuss the success and substantiality of China's economic rise and addressed the U.S. and glo
Running time: 229 seconds