wall street

NWPR Books
1:38 pm
Mon May 12, 2014

For Geithner, Financial Crisis Was Like Landing A Burning Plane

Then-Treasury Secretary Timothy Geithner testifies before the House Financial Services Committee in 2012. He says he struggled with communicating why he had to help the banks during the financial crisis.
Alex Wong Getty Images

Originally published on Mon May 12, 2014 5:27 pm

Timothy Geithner was president of the New York Federal Reserve when the Wall Street bank Lehman Brothers collapsed in 2008. A few months later, he became Treasury secretary as the crisis deepened on his watch.

Geithner received mixed reviews of his performance during that time. Wall Street types take him for a champion of excessive government intervention and regulation, while Occupy Wall Street types consider him a tool of the banks. Geithner, however, says he was just trying to get the financial system out of a multifaceted crisis with the threat of a Great Depression looming.

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NWPR Books
11:08 am
Tue April 1, 2014

On A 'Rigged' Wall Street, Milliseconds Make All The Difference

Originally published on Wed April 2, 2014 11:01 am

"The stock market is rigged," Michael Lewis tells Fresh Air's Terry Gross. "It's rigged for the benefit for really a handful of insiders. It's rigged to ... maximize the take of Wall Street, of banks, the exchanges and the high-frequency traders at the expense of ordinary investors."

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NWPR Books
11:21 am
Tue February 11, 2014

Exclusive First Read: 'Young Money' By Kevin Roose

Most people who follow the headlines are aware of the lifestyles of Wall Street's titans — and the vast bonuses that fund those lives of luxury. Kevin Roose's new Young Money looks at the bottom of that ladder: the college kids who arrived on Wall Street after the economic crash of 2008, prepared to put their noses to the grindstone in the hopes of making it big — or just making a decent living.

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Social Investment Bonds
4:59 pm
Mon January 27, 2014

Washington Considers Private Investment Bonds To Address Social Problems

A view of Rikers Island in New York, United States from the air. LaGuardia Airport can be seen in the background.
Cdogsimmons Wikimedia

Originally published on Mon January 27, 2014 4:51 pm

Someday in the not too distant future social service programs in the Northwest could get funding from Wall Street.

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