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The key question in the short run is how much this effort to avert a banking crisis is going to undercut the effort to bring down inflation.

Designed to prevent disaster in markets, circuit breakers safeguard against extreme volatility by halting markets for brief periods of time.

first, what internal e-mails reveal about how goldman sachs operated during the mortgage meltdown. ray suarez gets the details from louise story of the "new york times." >> woodruff: and we get some perspective on the future of financial reform legislation, after party lines were drawn in today's test vote. >> it will reveal who believes needs to strengthen oversight on wall street and who does not. it will demonstrate who believes we need to strengthen the protections for consumers and who does not. >> republicans are also acutely aware of the fact that government solutions to big c...

ray suarez gets the details from louise story of the "new york times." >> woodruff: and we get some perspective on the future of financial reform legislation, after party lines were drawn in today's test vote. >> it will reveal who believes needs to strengthen oversight on wall street and who does not. it will demonstrate who believes we need to strengthen the protections for consumers and who does not. >> republicans are also acutely aware of the fact that government solutions to big complex problems like this one are rarely as effective as they're made out to be especially when the...

captioning sponsored by macneil/lehrer productions >> woodruff: good evening, i'm judy woodruff. on the newshour this friday the lead story is, demonstrations and confrontations in iran with government sponsored anti-israel rallies and opposition protests. then we have the other news of the day: has the federal government been tough enough on financial institutions? jeffrey brown takes a look, one year after the meltdown. fred de sam lazaro reports on india's struggle to feed its fast-growing population. the analysis of david brooks and ruth marcus, filling in for mark shields. and t...