Goldman Sachs Reports Big Earnings As It Faces A Big Lawsuit
Goldman Sachs reports that its first quarter earnings almost doubled to $3 billion. But the investment bank is facing a major lawsuit from the S.E.C., which accuses Goldman of working with a hedge fund manager to create bad debts for its investors and failing to tell them how they were created. We speak with Jesse Eisinger, senior reporter for ProPublica.org.
Democrats Seize Goldman Lawsuit To Push Through Financial Regulations
Congressional Democrats are hoping the recent S.E.C. lawsuit against Goldman Sachs will give them ammunition as they move to pass sweeping financial regulations. Republicans have called on Democrats to throw out their bill and start from scratch on a bipartisan bill. But Democrats say their bill will prevent another financial meltdown, by changing the way investors buy and sell derivatives. Gail Chaddock of the Christian Science Monitor is our guest.
Top Secret iPhone Found: Blunder or Marketing Ploy?
A familiar gadget was left behind at a bar in California last month. Although it looked like a run of the mill iPhone, it was eventually identified as Apple's next iPhone, which is not on sale yet and supposedly top secret. So did someone from Apple accidentally forget it - or was it left behind to create some buzz? We might never know what happened, but Apple would not be the first company to try to create buzz about a product using what's called "stealth marketing." David Balter, C.E.O. and founder of BzzAgent, a word-of-mouth marketing firm based in Boston, is our guest.
Long Lost Lincoln Film Makes Its Premiere
Novel About 80's Housing Bust Mirrors Today's Meltdown
Music From The Show
- Peter Dixon, "Nagog Woods"
- Joe Jackson, "Steppin' Out"
- The Lickets, "Meat City"
- Tito Puente, "All Blues"
- Opening theme from the film score, "The Quiet Man"
- Don Felder, Don Henley and Glenn Frey, “Hotel California” performed by The Eagles
This program aired on April 20, 2010.