Functioning Banking System News Today

Pretty much on the verge of economic collapse with a banking system that is no longer functioning banking system that is no longerfunctioning properly. david willisjoining us longerfunctioning properly. david willis joining us from la, thanks very much, good to see you. a jury in the trial of the british socialite ghislaine maxwell, has decided to reconvene after christmas, after failing to reach a verdict on wednesday. ms maxwell, a close associate ofjeffrey epstein, denies eight counts of sex ...

Childhood in afghanistan. she joins me now. you have been very vocal as an advocate about this, about the humanitarian crisis unfolding in afghanistan. what is your reaction to this proposed policy from the white house today? >> well, chris, thank you for bringing up this issue on your show before and for having me on. this was a devastating day for afghans who were hoping to have a sign that their economy would have a chance of surviving in that they would be able to have a central bank, which ...

Today, afghanistan, after all its been through, is a place theyre desperate to leave. a few days later, visa applications here were temporarily suspended because of overwhelming demand. people are trapped in poverty, with no access to cash. you cant run a private sector economy if you havent got a functioning banking system. and at the moment, afghan traders, never mind the government, cant pay for food, fuel, medicines that are essential to import into the country. all of that needs a shift in ...

You cant run a private sector economy if you havent got a functioning banking system. and at the moment, afghan traders, never mind the government, cant pay for food, fuel, medicines that are essential to import into the country. all of that needs a shift in western policy and it needs it urgently, notjust as a matter of political rhetoric, but because literally lives are at stake. the aim of sanctions is to force the taliban to behave better. there are few women on the streets here,

Look at the trillions of dollars in lost lending to our country while we give them $30 trillion. its a math problem. our next guests newest book argues that the regulators misrepresented the truth of the crisis in order to validate overzealous federal action. thats one way to look at it. three years later, unemployment still a disaster, housing market still a disaster, and we keep printing money. those are just symptoms, by the way, of the fact that we do not have a culture of investment in our ...

Ivory coast is edging toward collapse after the president ordered a government seizure of many banks. that declaration has caused a run on bank deposits. many of the banks targeted by the government are from local investors. they had suspended operation this week because of international sanctions against him. he lost the presidential election in november, but he refuses to step down. joining us now is eric. just give us a sense as far as whats happening as far as the banking system. is there an...

The free fall that the financial markets were in in late 2008. the idea was to really stabilize financial markets ultimately to get banks to lend to each other again. when you look at all of the data, it looked like the market was stalled in 2008 and that would have brought down not just financial institutions but ultimately the economy. we have estimates that t.a.r.p. itself has saved about 10 million jobs and i think thats probably right on target. you got to remember the primary purpose of th...