President-elect Barack Obama announces three financial appointments and vows to prevent future economic debacles.
"… will be leaving them. Mary Schapiro as the chairman. -- woman these SecuritiesandExchangeCommission and Gary against work as the chairman of the commodity futures trading. I'm also pleased to announce that stand to rule. Will …" at 0:06
Investors say they were bilked by out of everything by accused Ponzi scheme mastermind Bernie Madoff.
"… She and other made off instantly part of the blame on the SecuritiesandExchangeCommission which failed to uncover -- needles are. I hope the US government accountable. For what happens. Even the chairman of the SEC …" at 0:26
In a Rose Garden speech, President George W. Bush said the federal government's financial rescue plan is aggressive, but will take time to work.
"… advantage of the crisis to illegally manipulate the stock market. So the SecuritiesandExchangeCommission is -- rigorous enforcement actions. To detect fraud and manipulation in the market. The SEC is focused on preventing abusive practices. Such …" at 3:13
Watch the full broadcast of the presidential debate between Sens. Barack Obama and John McCain in Oxford, Miss. (Run Time 1hr. 30 minutes.)
"… heavily criticized because I called for the resignation. The chairman of the SecuritiesandExchangeCommission. We've got to start also holding -- people accountable and we got to reward people. Who succeed. But somehow -- Washington today. …" at 9:18
President George W. Bush says the U.S. economy is strong enough to handle the current turmoil on Wall Street.
"… Appreciate the work. The Treasury Department and the Federal Reserve in the securitiesexchangecommission. And major financial institutions here and around the world are doing. To promote stability. In the financial systems. Policy makers were focused …" at 0:31
If you are feeling uneducated and jittery about all the bad economic news, you should look to a professional financial planner for advice.
"… depending on size an investment adviser has to register. Either with the SecuritiesandExchangeCommission or the secretary of state's office but. Pretty much anyone can call themselves a financial planner the pilot who need to be …" at 0:46