Page 46 - Paul Samuelson News Today

industry is if you look at performance of mortgage loans was the dominant driver of performance with the fico score and income was not at least in the older vintages 205 to two under six immaterial driver performance i think as we got into 2006 we saw some of the changes and that is where the industry started to tighten the standards and require additional documentation. >> can you think of another place you can go to get a loan without disclosing or in complex >> the income was disclo...

the right now i think by every market indicator, the video is robustly competitive good post over on the setup time commissioner mcdowell. senator snowe and one are introduced to the fcc. do you support that? >> guest: how could i be against pretty more expertise to the fcc? especially because mark warner is introducing the bill. i think thats a terrific thing and we do need to make sure that we have worked technical ideas at the fcc. a lot of our engineers on staff, some of the best a...

ptioning snsored by macneil/lehrer proctions >> lehrer: good evening. im jilehrer. president obamwent after top u.s. banke today to help the economic recovery by lending more money. >> woodruff: a im judy woodruff. on the newour tonight, full coverage of that whe house meeting, plus the perspectives of the administration and theinancial industry >> lrer: newshour corrpondent tom bearden focuses on the impacof the credit cruh on small businesses. st entrepreneurs say a crit clock is tic...

chip reid is at the white house and, chip, the president met with the bankers just hours after he had some pretty harsh words for them on national television. was that awkward? >> reporter: it seemed a bit awkward, katie. just last night he called wall street bankers fat cats. today, meeting with them face to face, he did soften the tone, but he also told them they owe a major debt to the american people. >> now that theyre back on their feet, we expect an extraordinary commitment from...

. host: later at 8:00 a.m. eastern, the chief operating officer for the national community reinvestment coalition. well look at homeowners and help for folks refinancing their homes. litter at 9:00 a.m. eastern rodriquez is a former counter- intelligence analyst and currently out for near east policy. -- that is later it 9:00 a.m. where our guest is a former counter-intelligence analyst. off speaking of which we will start the program looking at senator lieberman is role in the debate....

captioning sponsored by macneil/lehrer productions >> lehrer: good evening. im jim lehrer. president obama went after top u.s. bankers today to help the economic recovery by lending more money. >> woodruff: and im judy woodruff. on the newshour tonight, full coverage of that white house meeting, plus the perspectives of the administration and the financial industry. >> lehrer: newshour correspondent tom bearden focuses on the impact of the credit crunch on small businesses. test entrep...

and producer prices. housing. we have the fed mid we can as well. a lot of the funds at this point have locked in their gains and they are just coasting here to the homestretch, end of the year. they dont want to mess with whats been working. and the markets keep drifting higher. we hit new highs this morning on the dow. and the s&p. and it is a bit on new leadership this month. we had been led by financials, energy, materials, energy this morning, are actually lower. got oil down. 10%...

on our broadcast this monday night, bank on this. the president calls in the nations top bankers for a tough talking to. but what happens next? high drama. the missing climbers on a famous american peak. how much time is left? the tradeoff. knowing the risks about c.a.t. scans and the fallout from radiation and making a difference. how warm hearts can actually make for warm hearts. "nightly news" begins now. good evening. the people who were there, who worked for president bush...

there was a strange mortgage mark we developed in the u.s. with so much support for the concept of homeownershiphat some time over the past decade or so evolved into basically government support for really lax lending standards. .. >> well, goldman sachs-friendly it was as left as substantially better off than we would have been if the government hadnt stepped in last fall. so that is the basic point. financial markets failed. they seized up. the stopped working. and heres the interest...