Edmund Andrews appears in the following:
Thursday, October 15, 2009
Yesterday the Dow Jones Industrial Average closed above the symbolic threshold of 10,000. New York Times finance reporter Louise Story says the news is interesting, but it doesn't say much about the overall health of the economy. Something that might: the banking sector. Also joining the conversation is New York Times economics correponsdent Edmund Andrews with a look at how the U.S. Treasury wants some bailed-out banks to start paying back their loans.
Monday, July 27, 2009
Last night, Chairman of the Federal Reserve Ben Bernanke was at a town hall meeting in Kansas City, Missouri, where he faced tough questions from the public about his monetary policy and his approach to regulation. Bernanke said he expects the unemployment rate to remain high in the coming months, even as the economy recovers. The Takeaway talks to Edmund Andrews, economics reporter for The New York Times who's reporting from Kansas City.
Friday, May 08, 2009
The Federal Reserve yesterday released the long-awaited results of the “stress tests”. The tests found that ten of the nation's 19 largest banks need a total of about $75 billion in new capital to withstand losses if the recession worsened. The banks in trouble will have until June 8 to come up with a plan and have it approved. While the verdict was far more upbeat than many in the industry had feared when the tests were first announced in February, will the results help build the confidence they're meant to? Edmund Andrews, New York Times economics reporter, joins The Takeaway to discuss.
For more, read Edmund L. Andrews' article, Ailing Banks Need $75 Billion, U.S. Says
, in today's New York Times.
Stress-test results: click here
to see which banks still need more cash.
Friday, November 07, 2008