Shows featuring Max Fraad Wolff
Teaches economics in the New School University Graduate Program in International Affairs.
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Senate Passes Sweeping Financial Reform Bill; Lobbying Frenzy Expected as Measure Moves to Committee
The Senate has passed a sweeping reform of financial regulation that’s been described as the biggest overhaul of financial rules since the 1930s. The 59-to-39 vote came largely on party lines. Two Democratic senators, Russ Feingold of Wisconsin and Maria Cantwell of Washington, voted against the bill, saying it does not...May 21, 2010 | Story -
"One Nation, Two Economies"–As Obama Nominates Bernanke to Second Term, a Look at Who Benefits from Economic "Recovery"
President Obama is nominating Federal Reserve Chair Ben Bernanke to a second term today because of his attempts to combat the financial crisis and the recession. Last week, Bernanke gave his most positive assessment of the economy yet, saying, "the prospects for a return to growth in the near term appear good." We speak with economist Max Fraad Wolff, who cuts through the numbers to expose...August 25, 2009 | Story -
US Bails Out Fannie Mae & Freddie Mac
The US government has seized control of the mortgage finance companies Fannie Mae and Freddie Mac in what could become the largest corporate bailout ever. The Treasury Department has pledged to provide as much as $200 billion as the two quasi-public companies deal with heavy losses on mortgage defaults. We speak with economist and writer, Max Fraad Wolff. [includes rush transcript]September 09, 2008 | Story -
Bailout for Mortgage Giants, IndyMac Bank Collapse, Dollar Hits New Low, Inflation at 26-Year High, Dow Falls Below 11K...A Look at the Financial Crisis
It has been a tough seven days for the US economy. On Friday, the FDIC seized control of the failed California-based IndyMac Bank. It was second largest bank failure in US history. Analysts project another 150 banks could collapse. On Sunday, Treasury Secretary Henry Paulson announced extraordinary moves to bail out the mortgage giants Freddie Mac and Fannie Mae. On Tuesday, the Dow Jones Industrial...July 17, 2008 | Story -
Fed Bailout of Bear Stearns First of its Kind Since Great Depression
The nation’s fifth largest investment bank Bear Stearns nearly collapsed last week. It was saved only after the Federal Reserve took extraordinary measures to help JPMorgan purchase the eighty-five-year-old firm. The Fed has become the lender of last resort for other investment banks in a move that marks one of the broadest expansions of the Fed’s lending authority since the 1930s. We speak...March 20, 2008 | Story
By Amy Goodman with Denis Moynihan
Gen. John Allen, commander of U.S. Forces Afghanistan, spoke Wednesday at the Pentagon, four stars on each shoulder, his chest bedecked with medals. Unlike Allen, many decorated U.S. military veterans left the streets of Chicago after the NATO summit without their medals.
In an extended interview, David Bronner, president of Dr. Bronner’s Magic Soaps, discusses the history of the company, why they put sustainability and social justice ahead of profits, the organic and GMO labeling movements, the U.S. war on hemp, and why they refuse to sell out. [includes rush transcript]
Human Rights Watch’s Kenneth Roth examines why the U.S. has not pressured Bahrain to release pro-democracy activists. He also discusses Syria and the conditions in Israeli jails and courts that prompted 1,550 Palestinian prisoners to go on a hunger strike. [includes rush transcript]


