To the Point
One Year after the Wall Street Meltdown
It's been a year now since Lehman Brothers was allowed to go bankrupt, and the financial meltdown really got under way. Since Barack Obama took over, has there been more continuity than change? Could it happen all over again? Also, Senator Max Baucus releases his long-awaited healthcare bill, and mysterious "double eagles" have turned up again.
By Warren Olney • • 50m ListenIt's been a year now since Lehman Brothers was allowed to go bankrupt, and the financial meltdown really got under way. Since Barack Obama took over, has there been more continuity than change? Could it happen all over again? Also, Senator Max Baucus releases his long-awaited healthcare bill. On Reporter's Notebook, will ten "double eagles" — America's rarest coins — be made available on the open market?
Banner image: Then-US Treasury Secretary Henry Paulson (L) speaks as Federal Reserve Board Chairman Ben Bernanke (R) listens during a hearing before the House Financial Services Committee on Capitol Hill September 24, 2008 in Washington, DC. Photo: Alex Wong/Getty Images
In this episode
3 storiesBaucus Releases Long-Awaited Healthcare Bill
Senate Finance Committee Chair Max Baucus today finally unveiled a healthcare reform plan that would cost $856 billion over ten years. It would require most Americans to carry health insurance, and establish nonprofit co-ops instead of a "public option."
Read the story8 minOne Year after the Wall Street Meltdown
Henry Paulson had been the CEO of Goldman Sachs, a Republican and a free marketeer. But as George W. Bush's reluctant Treasury Secretary, he engineered the biggest government intervention of modern times.
Read the story37 minFamous Golden 'Double-Eagles' in a Safe Deposit Box
When Franklin Roosevelt took the US off the gold standard in 1933, almost a half-million $20 gold pieces were melted down. Only one of the missing coins has ever been sold publicly — for $7.6 million in 2002. Now ten more have turned up.
Read the story6 min
