AirTalk for March 17, 2010
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Are Democrats using tricks to pass health reform?
House Speaker Nancy Pelosi may bypass a direct roll-call vote on the Senate version of the health bill. Using what's known as a "self-executing rule" or "deem and pass," House members would vote on fixes to the Senate bill, and if passed, it would approve the Senate bill in the process. Republicans charge that the Democrats are using parliamentary tricks to pass health legislation. Both sides have used the tactic before, though not for anything as big as a health care overhaul. Are Democrats forcing the legislation through Congress?
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Trade school debts
Trade schools are thriving as people worried about jobs prospects flock to tech, culinary and other vocational schools. But do the schools deliver on promises of well-paid jobs? Some say they leave many students loaded with debt and qualified only for low-wage positions. Federal loans and grants are the primary source of revenue for trade schools. The US Department of Education is considering new restrictions on loans for trade schools.
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A new tone toward Israel
Vice President Biden’s trip to Israel began well, with the usual smiles and well-worn rhetoric committing to peace, security and prosperity. Then the other shoe dropped. An Israeli official announced new settlements in Gaza—Secretary of State Hilary Clinton responded that Israel must “prove its commitment to peace” by reversing its decision to expand. Does the White House’s new tone toward Israel signal a shift in the alliance? Should Secretary Clinton back down? Or, is it time that the United States view its relationship with Israel more critically?
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The Quants: How math whizzes nearly destroyed Wall Street
Wall Street traders traditionally make decisions by following intuition and looking at the fundamentals of the market. But by the turn of the century, a group of math whizzes relied increasingly on quantitative investing- pairing complex analytical formulas with high-speed computers to predict the future of the stock market. These "quants" made billions with their strategy, and nearly destroyed the world's financial markets when it all went wrong in the 2007 housing meltdown. Neglecting to account for human influence, their funds took a big hit when outcomes that were supposed to happen once in 10,000 years happened three days in a row. Scott Patterson talks with Larry Mantle about how this highly profitable yet highly risky form of trading took over Wall Street.
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Events
Film Week Oscar Preview
Sunday, February 19, 2012
1 p.m.
- 3 p.m.
It’s a hit with boffo box office! The 10th annual “Film Week on AirTalk” Academy Awards preview is coming to the historic Egyptian Theater on Hollywood Boulevard, Sunday, February 19th. The full cast of “Film Week” critics joins Larry Mantle to debate which nominees should take the top categories. Audience ... » More info
