Banking

1:44pm

Mon September 10, 2012
Planet Money

Where The Bailouts Stand, In 1 Graphic

Originally published on Tue September 11, 2012 2:07 pm

Lam Thuy Vo / NPR

It's been four years since the U.S. launched a massive bailout of the financial system and the auto industry. While much of the bailout money has been paid back, the government still owns large shares in companies such as AIG and GM, and has yet to recoup some $200 billion in bailouts.

Here's a breakdown by industry.

Read more

11:11am

Thu September 6, 2012
Planet Money

Two-Player Sudoku, Invented By The World Bank's New Chief Economist

Kaushik Basu wants a word with you.
David Kestenbaum NPR

Three reasons Kashuik Basu, the World Bank's new chief economist, seems like an interesting guy:

1. He invented "Dui-doku," a two-player version of Sudoku.

Read more
Tags: 

8:18am

Thu September 6, 2012
Planet Money

Draghi: Do Exactly As We Say, And We'll Hand Over The Money

Originally published on Thu September 6, 2012 3:15 pm

Daniel Roland AFP/Getty Images

Are you a eurozone country? Are you having a hard time borrowing money at a reasonable rate? Mario Draghi has a deal for you.

First, you have to admit you have a problem. You have to ask for help from the European Union and the International Monetary Fund. Then you have to do whatever they say.

Not appealing, I know.

But here's the good part: If you do those things, the European Central Bank will make sure you can keep borrowing money at low, low interest rates.

Read more

8:17am

Thu September 6, 2012
Europe

European Central Bank Announces Euro Plan

Originally published on Thu September 6, 2012 10:02 am

Transcript

RENEE MONTAGNE, HOST:

OK, over in Europe there's been a lot debate on what to do about the troubled currency. And today the European Central Bank announced a new plan to bolster the euro at a meeting in Frankfurt. Bank president Mario Draghi is under immense pressure to prevent the collapse of Europe's monetary union. The bank did not lower interest rates, as some investors hoped, but did unveil steps to ease the eurozone's debt crisis. NPR's Jim Zarroli is in Germany, following the events, and he joins us now. Good morning.

Read more

6:05am

Thu September 6, 2012
The Two-Way

European Central Bank Leaves Interest Rates Unchanged

Originally published on Thu September 6, 2012 7:20 am

"The European Central Bank refrained from cutting interest rates today as President Mario Draghi prepares to unveil a bond-purchase plan to save the euro," Bloomberg News writes. It adds that:

Read more

Pages