Tuesday, February 24, 2009

  • Altering Bailout Rules, US Moves Closer to Nationalizing Troubled Banks

    Citiweb

    The Obama administration has revamped the terms of its emergency aid to troubled financial firms that could lead to the government nationalizing some of the country’s largest banks. With nationalized banks on the horizon, we speak to Robert Johnson, former chief economist of the Senate Banking Committee, and former investment banker turned journalist, Nomi Prins. [includes rush transcript]

  • US Lags Behind Europe in Regulating Toxicity of Everyday Products

    Schapiro_bkweb

    We speak to award-winning investigative journalist Mark Schapiro, author of Exposed: The Toxic Chemistry of Everyday Products and What’s at Stake for American Power. Schapiro writes, "The European-led revolution in chemical regulation requires that thousands of chemicals finally be assessed for their potentially toxic effects on human beings and signals the end of American industry’s ability to withhold critical data from the public." [includes rush transcript]