To the Point
The Great Recession and the Erosion of Trust
With the onslaught of the Great Recession, public confidence has all but evaporated in money managers, investment advisors and financial institutions, public and private. We ask a variety of observers, who can you trust now? Also, President Obama reaches out to Iran, and General Scott Gration will be Obama's special envoy to Darfur.
By Warren Olney • • 1h 0m ListenWith the onslaught of the Great Recession, public confidence has all but evaporated in money managers, investment advisors and financial institutions, public and private. We ask a variety of observers, who can you trust now? Also, President Obama reaches out to Iran. On Reporter's Notebook, Obama has chosen a top advisor as his special envoy for Darfur, at a time when almost 5 million people are in greater peril than ever.
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In this episode
3 storiesObama Sends Video Outreach to Iran on Persian New Year
Iran is celebrating the Persian New Year, and President Obama has released a videotaped message to all those celebrating Nowruz, which he called “an ancient ritual and a moment of renewal.” Borzou Daragahi is Middle East Correspondent for the Los Angeles Times .
Read the story6 minWho Can We Trust with our Money?
News coverage of AIG bonuses, Bernie Madoff, CNBC's Jim Cramer and Treasury secretaries with ties to Wall Street has been relentless. Public confidence in banks, insurance companies, money managers and financial reporters has sunk to an all-time low.
Read the story34 minWill the US Do Anything about Darfur?
Since the International Criminal Court indicted President Omar Hassan al-Bashir for war crimes in Darfur, conditions in the Sudanese region have deteriorated. Five million people there relied on foreign assistance for food, shelter and protection from fighting between rebels and government-backed forces.
Read the story9 min
