Credit Crunch Videos at WCBS 880 Video Archive at wcbs880.com

13 Jan 2009

Wanted: Island 'Curator'

The competition for what is being called the greatest job in the world is fierce.

"… think anybody. The land down under has been hit hard by the credit crunch tourism research Australia says tourist numbers could fall by 4%. This year. Especially from Maine state markets like the UK. So will …" at 1:11

"… So rainy London verses sunny Australia in the middle of credit crunch. …" at 2:14

2 Spoken Highlights

2:35

18 Dec 2008

Government Cracks Down On Creditors

Federal regulators are reigning in credit card policies that allow companies to raise interest rates and pile on extra fees.

"… Bankers Association says the new rules are complex and could worsen the credit crunch. This is not just plug and play. It is a major regulations it's gonna require major restructuring. Of the credit card model. …" at 1:11

1 Spoken Highlight

1:40

1 Dec 2008

Free Hugs Fight Financial Stress

As the credit crunch raises stress levels in Hong Kong, people start hugging it out.

"… place like New York in -- his grappling with the worldwide credit crunch and its economy is an it technical recession. …" at 0:26

1 Spoken Highlight

2:12

8 Oct 2008

Fed Announces Emergency Rate Cut

The Federal Reserve slashes interest rates to help stem the market meltdown.

"… plan saying it will take some time to work amid a growing credit crunch I believe the steps were taken -- free of the credit it took awhile to get it -- can take awhile to …" at 0:47

1 Spoken Highlight

1:38

6 Oct 2008

Bush: Bailout Effects 'Going To Take Awhile'

President George W. Bush is urging patience with the $700 billion financial rescue plan, saying the program won't work effectively overnight.

"… these small business owners are dealing with the the effects of a credit crunch. And by that I mean that they're having trouble. Again. Money to be able to continue due to expand their business and …" at 0:22

1 Spoken Highlight

2:44

6 Oct 2008

Luxury Car Sales Slump In Slow Economy

A troubled world economy is slowing down luxury car sales.

"… the auto makers admit that their customers are feeling the effects. -- credit crunch. Right now we're seeing a lot of people who who not surrendering that deposits that does not respond. Letting -- place in …" at 0:08

1 Spoken Highlight

2:44

4 Oct 2008

Bailout Passes: Now What?

Many in Congress who voted for bailout are now trying to win over voters.

"… mortgage backed securities off the hands of financial institutions will under the credit crunch and stop home loans car loans student loans from drying up. It's an election year in the Senate one in three seats …" at 0:36

1 Spoken Highlight

1:38

3 Oct 2008

Bush Thanks Congress For Passing Bailout Bill

President George W. Bush thanks Congress for rising to the challenge and passing the $700 billion financial bailout package.

"… plan's implementation. Taken together these steps represent decisive action. To ease a credit crunch that is now threatening our economy. Smoother flow of credit more businesses will be able to stock their shelves and meet their …" at 2:02

1 Spoken Highlight

4:54

2 Oct 2008

Green Cars Take Center Stage At Auto Show

The auto industry unveils the newest green cars at the Paris Auto Show.

"… it. Of course there's other show comes at a time of this credit crunch of this global financial crisis. Even more reason why automakers are very keen to show up all of their new -- however …" at 1:39

1 Spoken Highlight

2:00

29 Sep 2008

Paulson: 'We Need To Get Something Done'

Treasury Secretary Henry Paulson says he's disappointed the financial bailout bill failed in the House, but is committed to do all he can to protect the U.S. economy.

"… to the table and to purchase laboratories. Then leads to feel the credit crunch as it becomes more difficult to get car loans for student loan. -- my colleagues -- the and the SEC. Continue to …" at 0:23

1 Spoken Highlight

3:33

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