To the Point
Goldman Sachs, Public Anger and a Possible Crackdown on Wall Street
Democrats and Republicans are trying to use public anger at Wall Street to boost their chances in this year's elections. We hear how Goldman Sachs has become the poster child for finance reform. ALso, flights resume but the European travel chaos continues, and the US Supreme Court and cruelty to animals.
By Warren Olney • • 50m ListenDemocrats and Republicans are trying to use public anger at Wall Street to boost their chances in this year's elections. We hear how Goldman Sachs has become the poster child for finance reform. ALso, flights resume but the European travel chaos continues, and videos showing graphic violence against animals are legal after all. We hear about an 8-to-1 decision by the US Supreme Court.
Banner image: A financial professional works in the Goldman Sachs booth on the floor of the New York Stock Exchange while a television reports airs about the company's lowered stock price April 16, 2010 in New York, New York. Photo: Chris Hondros/Getty Images
In this episode
3 storiesSome Flights Resume, But European Travel Chaos Continues
After days on the ground, more planes began taking off from airports in Europe today, but a new cloud of volcanic ash has thrown doubt on resumption of normal service. Henry Chu is London Bureau Chief for the Los Angeles Times .
Read the story8 minGoldman Sachs, Public Anger and a Possible Crackdown on Wall Street
After weeks of secret negotiations, the Securities and Exchange Commission aimed at the fattest target on Wall Street and charged Goldman Sachs with securities fraud. Normally such votes are unanimous, but this time it was three to 2 with two Democrats and an Independent prevailing over two Republicans.
Read the story35 minSupreme Court Voids Law Banning Depictions of Animal Cruelty
In 1999, Congress passed a law to limit the sales of so-called "crush" videos, showing women killing small animals with their bare feet or high-heeled shoes. The videos almost vanished. But today, the US Supreme Court said the law went too far . Chief Justice John Roberts wrote the 8-to-1 decision that threw out law prohibiting graphic videos.
Read the story8 min
