Bernanke Under Fire

Ben Bernanke was just reappointed by President Obama for another term at the helm, but some on Capitol Hill aren’t too pleased with his role in the financial crisis. Plus, news out of Dubai and the tech sector, as well as a look at what’s been happening on Wall Street

Episode Segments:

Dubai Default The week back from the Thanksgiving Holliday began with the news that Dubai was threating to default on some of its sovereign debt. Dubai, it turns out is the poster child for lavish spending built on top of limited resources. Dubai came on top warnings of financial troubles around the globe, from governments as diverse as Greece and the State of California.
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Bernanke Under Scrutiny We take a look at the confirmation hearings of Ben Bernanke as head of the Federal Reserve Bank. Mr. Bernanke was just reappointed by President Obama for another term at the helm, and this week he faced some pretty angry Senators who took this opportunity to express their displeasure in his role in sustaining the financial bubble. Next comes Martin Lee, founder of the Democratic Party in Hong Kong, with this years first prediction on the Chinese economy for next year, and its impact on the world.
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The Future of Media This week was also the Conference Innovation and Technology down in Washington D.C. Sponsered by Intel and the Aspen Institute we will hear part of an interview of Walter Issacson, former head of CNN News and now head of the Aspen Institute as he surveys the future of information technology and specifically the role of news organizations.We close out this segment with Julius Genachowski, head of the FCC as he discusses the regulation of the internet.
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