90.9 WBUR - Boston's NPR news station
Top Stories:
PLEDGE NOW
G-20 to the Rescue?
U.S. Treasury Secretary Timothy Geithner talks at a press conference at the G20 Finance Ministers meeting at a hotel near Horsham, England, Saturday, March 14, 2009. Finance officials from the world's richest and leading developing countries pledged a "sustained effort" to restore the global economy to growth after meeting here Saturday, attempting to patch over divisions about how to tackle the financial crisis. (AP)

U.S. Treasury Secretary Timothy Geithner talks at a press conference at the G-20 Finance Ministers meeting near Horsham, England, on March 14, 2009. Finance officials from the world's richest and leading developing countries pledged a "sustained effort" to restore the global economy to growth. (AP)

While Treasury Secretary Tim Geithner was south of London over the weekend at a G-20 meeting to brace up global finance, things exploded back in the USA over news that bailout giant AIG was ready to ship nearly half a billion dollars out the door in fat bonuses — after raking in public billions to stay afloat.

It’s a minefield out there in the worlds of banking and finance, and the mines are not cleared yet. From global summits, to rage over Wall Street, to toxic assets and the bank next door, the race to repair and rethink is still on.

This hour, On Point: From the G-20 to AIG, the unfinished turmoil in global banking and finance.

You can join the conversation. Will America’s cowboy capitalism survive the global meltdown? Will European-style regulation let the economy come back? And what about those bonuses at AIG?

Guests:

Chris Giles, economics editor of The Financial Times. He covered the meeting of G-20 finance ministers at Horsham, England, this weekend.

Kenneth Rogoff, professor of economics and public policy at Harvard University. He was chief economist and director of research at the International Monetary Fund from 2001 to 2003.

Eswar Prasad, senior professor of trade policy at Cornell University and former head of the China Division and the Financial Studies Division at the International Monetary Fund. He is also a senior fellow at the Brookings Institution and a research associate at the National Bureau of Economic Research. He wrote recently for Brookings about the G-20 stimulus plans.

Please follow our community rules when engaging in comment discussion on this site.
ONPOINT
TODAY
Feb 27, 2015
Federal Communication Commission (FCC) ChairmanTom Wheeler, center, joins hands with FCC Commissioners Mignon Clyburn, left, and Jessica Rosenworcel, before the start of their open hearing in Washington, Thursday, Feb. 26, 2015.  (AP)

A US-Israel rift. A win for net neutrality. “American Sniper” verdict. Our weekly news roundtable goes behind the headlines.

Feb 27, 2015
This image released courtesy of the Lead Belly Estate shows folk and blues musician Huddie William Ledbetter, better known as Lead Belly. Huddie "Lead Belly" Ledbetter never had a hit record before he died of Lou Gehrig's disease in 1949. (AP)

Going back to Lead Belly. The blues legend is back. His influences, as big as ever.

RECENT
SHOWS
Feb 26, 2015
Humanist chaplain Bart Campolo, center, a former Evangelical Christian youth minister, and his wife, Marty, right, mingle with students as they wait for the start of a forum at the University of Southern California, Wednesday, Jan. 28, 2015, in Los Angeles. (AP)

More Americans are turning away from religion. We’ll look at how to live a moral life without it.

 
Feb 26, 2015
This Feb. 20, 2015 photo shows an arrangement of peanuts in New York. (AP)

New breakthroughs on peanut allergies – treatment and prevention. And a question: are we too clean for our own good? Plus: did giant gerbils from Asia really bring the bubonic plague to Europe?

On Point Blog
On Point Blog
Two Congressmen Weigh In On DHS Funding
Tuesday, Feb 24, 2015

Rep. Jim Jordan of Ohio and Rep. Chris Van Hollen of Maryland present their views on the ongoing Congressional budget fight over Department of Homeland Security funding. (Spoiler: They do not agree on a resolution of the crisis).

More »
Comment
 
Our Week In The Web: February
Friday, Feb 20, 2015

We explain what happened with the old podcast feed this week and last, share some other Oscar categories and reminisce about the golden days of Double Rainbows and Honey Badgers who just don’t care.

More »
Comment
 
The 87th Academy Awards, As Heard On On Point
Thursday, Feb 19, 2015

Want the inside scoop on who will win big on Sunday’s 87th Academy Awards? (Look elsewhere, sorry). But we’ve got great shows on some of the year’s best movies, all right here.

More »
Comment