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Wednesday, May 16, 2012

Hearing On ‘Too Big To Fail’ Banks

A House Financial Services Committee hearing Wednesday turned briefly to JPMorgan’s $2 billion loss in risky trading.

Bloomberg News reports that JP Morgan has deployed teams of representatives to brief congressional staffers about the trading strategy that led to the losses, which were first disclosed last week.

Democrats argue that rules on such trading, still being written, need to be toughened. Republicans claim too much financial regulation will drive financial firms overseas and fail to prevent risky trades that led to the 2008 financial crisis.

Guest:

  • Phil Mattingly, Bloomberg News reporter on Capitol Hill

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Robin and Jeremy

Robin Young and Jeremy Hobson host Here & Now, a live two-hour production of NPR and WBUR Boston.

March 30 36 Comments

Sen. Warren: Not Interested In Reid's Job And Still Not Running For President

Elizabeth Warren insists she has no plans to jump into the 2016 race. She joins us to discuss her current political goals.

March 30 6 Comments

Unveiling The Pain Of Secondary Trauma Victims

Mac McClelland was diagnosed with PTSD after witnessing another woman's horror at being brutally assaulted. She joins us to explain why she didn't believe the diagnosis, at first.

March 27 Comment

Using Poetry To Expose The Power Of Money, Class And Gender

Alissa Quart's first book of poetry is both personal and universal - inspired by work and research she has done as a journalist.

March 27 11 Comments

Yale Is Starting A VHS Archive And It’s Full Of Horror Movies

"Silent Night, Deadly Night," "Stripped to Kill" and "The Last Slumber Party" – all from the 80s – are a few of the titles.