To the Point
The Legacy of Too Big to Fail
Despite the Toxic Assets Relief Program 12 banks are still "too big to fail," with protection secured by taxpayers. We update the bailout and promise of foreclosure relief.
By Warren Olney • • 51m ListenDespite the so-called "Toxic Assets Relief Program" 12 banks are still "too big to fail," with protection guaranteed by American taxpayers. We update the bank bailout and the promise of foreclosure relief. Also, Israel's Netanyahu keeps power, though centrists score in elections. On Reporter's Notebook, attacks, counter attacks and explanations in Hillary Clinton's sometimes emotional appearance before a Senate committee.
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In this episode
3 storiesIsrael’s Netanyahu Keeps Power, but Centrists Score in Election
After days of predictions that yesterday's parliamentary elections would move Israel farther right, a high turnout of voters produced some surprises. Sheera Frenkel is based in Jerusalem for the McClatchy Newspapers .
Read the story7 minIs the Bank Bailout Still Going On?
Four years after the Toxic Asset Relief Program , America's twelve biggest banks are bigger than ever — and still protected by the guarantee of taxpayer money. Even a member of the Federal Reserve says they need to be broken up before increasingly risky investments provoke another financial crisis.
Read the story35 minHillary Clinton Testifies on Benghazi
Having recovered from the concussion that kept her away, Hillary Clinton appeared before Senate and House committees today to answer questions about the attack on Benghazi that killed the Ambassador to Libya and three other Americans.
Read the story8 min
