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Thursday, March 20, 2008

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  • Fed Bailout of Bear Stearns First of its Kind Since Great Depression

    Bearstearnsweb

    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 with Nomi Prins, an author and former investment banker at Bear Stearns, and Max Fraad Wolff, an economist and writer. [includes rush transcript]

  • China Continues Crack Down on Tibet Protests

    Tibetclashesweb

    China has acknowledged for the first time that anti-government protests in Tibet over the past few days have spread to other provinces. The protests erupted last week when Buddhist monks took to the streets of Lhasa to mark the anniversary of the 1959 uprising against Chinese rule. Human rights groups say dozens of people have been killed and hundreds arrested. We speak with Lhakpa Kyizom, a Tibetan activist in Dharamsala, India, and Robert Thurman, president of Tibet House US. [includes rush transcript]

  • Iraqi American Reflects on Five Years of War

    Al-qazzazweb

    As the US occupation of Iraq enters its sixth year, we turn to an Iraqi American voice to get a rarely heard perspective on the war. Ayad Al-Qazzaz is a professor of sociology at California State University, Sacramento. He was born in Iraq and immigrated to the United States in the 1960s. [includes rush transcript]