FROM John Gapper
Wall Street Gets a Grilling Phil Angelides said today the Financial Crisis Inquiry Commission is probably the last hope for uncovering the causes of what's now called the Great Recession. A former California State Treasurer, Democrat Angelides now chairs the bipartisan commission established by Congress. In its first public meeting today, the commission heard from the heads of America's four biggest banks, JPMorgan Case , Bank of America , Morgan Stanley and Goldman Sachs .
Wall Street and a Disaster of a Different Kind Phil Angelides said today the Financial Crisis Inquiry Commission is probably the last hope for uncovering the causes of what's now called the Great Recession. A former Treasurer of the State of California and a Democrat, Angelides chairs the bipartisan commission established by Congress. In its first public meeting today, the commission got tough with the heads of America's four biggest banks, JPMorgan Chase , Bank of America , Morgan Stanley and Goldman Sachs . At one point, Goldman Sachs' Lloyd Blankfein compared the financial crisis to "earthquakes" and other "acts of God," to which Agnelides responded, "These were acts of men and women." Are the right questions being asked? Can the commission help prevent another financial disaster?
Trump's new look at civil rights and global warming President Trump is reportedly ready to pull the US out of the Paris Agreement on Climate Change. We look at the possible consequences. On the second half of the program, we hear about cuts in Obama-Era civil rights programs called for by the Trump Administration's first budget plan.
Janesville and the American Dream Janesville, Wisconsin is the hometown of Republican House Speaker Paul Ryan. But he couldn’t prevent the closing of the General Motors factory after 100 years. On this Memorial Day rebroadcast of To the Point, we hear what’s happened to what once was a model of American middle-class unity.
Trump's 'America First' goes missing abroad In the Middle East, President Trump is changing some policies of the Obama Administration—and reversing his own campaign attacks on Islam as a religion that "hates us." We hear about his visit to Saudi Arabia and what's at stake for the rest of his foreign excursion.
The longest US war: Will Trump send more troops to Afghanistan? The Trump White House is divided over the Pentagon's request for more troops in Afghanistan—where the US has been fighting for the past 16 years. Is there a formula -- either for "victory" or a political settlement? Is there an end in sight for America's longest war?