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IndyMac Collapses Under Financial Woes
Customers of IndyMac faced closed doors Friday after federal regulators took over the California bank. Risky lending practices and a $1.3 billion bank run were part of IndyMac's demise. Banking consultant Burt Ely talks about how the failure happened and what it signals for the broader economy.
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AMA Admits Years of Discriminatory Pratices
The American Medical Association (AMA) is apologizing for years of discriminatory practices against African-Americans within the medical community. Dr. Ronald Davis, immediate past president of the organization, discusses what inspired the apology. Davis is joined by Dr. Carl Bell, a black doctor, who says the AMA still has a long way to go.
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Medicare Bill Passes Despite Veto Threat
Congress this week passed — by a veto-proof margin — legislation to cancel a 10.6 percent pay cut to doctors who care for Medicare patients. But President Bush says he'll veto it anyway, because the bill also reduces funding to private insurance plans that participate in Medicare.
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Sudan's President Charged With Genocide
Sudan's president has been charged with genocide by the International Criminal Court's prosecutor after an investigation into atrocities in the country's western Darfur province. Judges in The Hague are expected to take months to study the evidence against Omar Hassan al-Bashir.
More Bank Failures May Follow IndyMac
Federal regulators seized IndyMac Bank Friday, one of the nation's largest lenders, because of questions about its viability. The bank is now being run by the Federal Deposit Insurance Corporation (FDIC). Karen Shaw Petrou, managing partner at Federal Financial Analytics, about what that means for the financial sector, speaks with NPR's Liane Hansen.
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Tony Snow, Delighted In Arguing Conservative View
Former White House press secretary Tony Snow died early Saturday at age 53. NPR's Juan Williams, who had appeared with Snow as a commentator on Fox News Channel, talks about his friend and former colleague.
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The Companies That Control The Mortgage Market
Susan Wachter, professor of financial management and real estate at the University of Pennsylvania's Wharton School of Business, gives a history lesson in the mortgage industry — this week's stars are "Fannie," "Freddie" and "Indy."
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Obama Attacks McCain's Record On Immigration
With an eye on the fast-growing Hispanic vote, Republican John McCain and Democrat Barack Obama addressed the League of United Latin American Citizens on Tuesday. Both presumptive presidential nominees spoke about immigration.
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Bernanke Wants to Expand Fed's Market Oversight
Federal Reserve Chairman Ben Bernanke called on Congress Tuesday to write new laws that would expand the Fed's role in preventing financial crises, such as the collapse of Bear Stearns last March. He also indicated the Fed may keep its discount window lending open to big financial firms longer.
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McCain, Obama Court Hispanics
Republican John McCain and Democrat Barack Obama address the League of United Latin American Citizens. Democrats aim to increase Hispanic turnout, while Republicans hope to build on the inroads George W. Bush made among Hispanic voters in 2004.
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