Who paid the price for the financial crisis? Was it enough?
Sep 19, 2018

Who paid the price for the financial crisis? Was it enough?

HTML EMBED:
COPY

After the dust settled on the Great Recession, financial institutions ended up paying over $200 billion in settlements to the U.S. government and people affected by the crisis. Some settlement deals broke records. But where'd that money go, and was it enough? As part of our ongoing coverage of the 10 years since the crisis, Divided Decade, we'll try to find out. Then: The federal government announced it will cap refugees entering this country at 30,000 next year, a record low. We'll look at Erie, Pennsylvania, one economy that relies on refugees to stay afloat. Plus, we'll talk about manufacturing's dirty little secret: Most factories don't know where their supply chains come from, making the impact of tariffs tough to predict.

Segments From this episode

U.S. companies are bringing cash home, but not as much as President Trump predicted

by
Sep 19, 2018
The trillions that have been earned abroad aren't just sitting in a vault.
President Donald Trump expects more than $4 trillion in overseas corporate profits to flow back to the U.S. soon. Some experts say that's an unrealistic amount.
Photo by Andrew Harrer-Pool/Getty Images
A flag flies outside the Bank of America Corporate Center June 30, 2005 in downtown Charlotte, North Carolina.
Davis Turner/Getty Images

Tariff price hikes may be seen but supply chains are often opaque

Sep 19, 2018
When it comes to tariffs, consider today T minus five. In five days, more than 5,000 types of goods from China will be added to a list of tariffs imposed by the United States. That likely means higher prices for leather handbags. Fruit juice. Rain jackets. We may be surprised by what’s on the list. […]

Critics of FAA reauthorization bill say it fails to address major upgrades to air traffic control system

Sep 19, 2018
Congress has pushed off deadlines for the reauthorization bill, but the next one is at the end of September.
A jet makes an evening landing June 21, 2001 at Los Angeles International Airport. 
David McNew/Getty Images

Android-powered infotainment coming to cars from Nissan, Renault, Mistsubishi

Sep 19, 2018
There was some big news this week in the auto and tech industries, which are increasingly overlapping. The world’s largest automotive partnership, the Renault-Nissan-Mitsubishi Alliance, which sold more than 10 million cars around the world last year, is going to start embedding Google’s Android operating system in its cars starting in 2021.  The promise for […]

After the dust settled on the Great Recession, financial institutions ended up paying over $200 billion in settlements to the U.S. government and people affected by the crisis. Some settlement deals broke records. But where’d that money go, and was it enough? As part of our ongoing coverage of the 10 years since the crisis, Divided Decade, we’ll try to find out. Then: The federal government announced it will cap refugees entering this country at 30,000 next year, a record low. We’ll look at Erie, Pennsylvania, one economy that relies on refugees to stay afloat. Plus, we’ll talk about manufacturing’s dirty little secret: Most factories don’t know where their supply chains come from, making the impact of tariffs tough to predict.

Music from the episode

Smile Sampology
Canyon on Fire Wild Nothing
City Music Kevin Morby
Maria También Khruangbin
Break Crown City Rockers