PLEDGE NOW
Here and Now with Robin Young and Jeremy Hobson
Public radio's live
midday news program
With sponsorship from
Mathworks - Accelerating the pace of engineering and science
Accelerating the pace
of engineering and science
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

Please follow our community rules when engaging in comment discussion on this site.
Robin and Jeremy

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

September 1 12 Comments

Favorite Son Hopes To Revive Michigan Football

The story of what's happened at Michigan over the last decade plays out in a new book by John Bacon.

September 1 3 Comments

Living With ALS In The Ice Bucket Age

Corey Reich was diagnosed with Lou Gehrig's disease in 2007 when he was 21. Now 29, he continues to do well.

August 31 Comment

Adapting ‘The Boys In The Boat’ For Young Adult Readers

Daniel James Brown decided to adapt his book after an increasing number of young people told him they loved the story.

August 28 Comment

DJ Session: The Music Of New Orleans, 10 Years After Katrina

Nick Spitzer talks about the music that has resonated in the city since the storm, and how the music scene has changed.