To the Point
Stress Tests: Economics and Politics
So-called "stress tests" on nineteen big banks have postponed decisions that could be politically unpopular for the Obama Administration. Now that the results are due, we hear what the consequences might be. Also, Secretary Clinton goes back to Capitol Hill, and transportation produces almost a quarter of all greenhouse gases. Will garbage help to reduce global warming?
By Warren Olney • • 50m ListenSo-called "stress tests" on nineteen big banks have postponed decisions that could be politically unpopular for the Obama Administration. Now that the results are due, we hear what the consequences might be. Also, Secretary Clinton returns to Capitol Hill, and California is at it again with new regulations on global warming. This time, the result could be fuel made from garbage.
Banner image: Treasury Secretary Geithner Testifies before the Congressional TARP Oversight Panel. Photo: Win McNamee/Getty Images
