PBS NewsHour - 2008-09-15
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Read a transcript preview of “PBS NewsHour - 2008-09-15” from malgent, uploaded on 2026-02-24.
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Language: English (original, YouTube automatic captions)
[0:09] Good evening. I'm Gwen Eiffel. On the
[0:12] NewsHour Tonight, the news of this
[0:13] Monday. Then, the Wall Street meltdown.
[0:16] What happened, why, and what's next? A
[0:20] campaign snapshot from Amy Walter and
[0:22] Susan Paige. And a report from Texas on
[0:25] the wrath of Hurricane Ike.
[0:29] Major funding for the NewsHour with Jim
[0:31] Ler is provided by
[0:35] >> The world is changing and how we use
[0:38] energy today cannot be how we use it
[0:41] tomorrow. There is no one solution. It's
[0:45] not simply more oil, more renewables or
[0:48] being more efficient.
[0:50] It's all of it. Our way of life depends
[0:52] on developing all forms of energy and to
[0:56] use less of it. It's time to put our
[0:59] differences aside. Will you be part of
[1:01] the solution? Chevron, human energy,
[1:06] Pacific life,
[1:11] Vestus,
[1:15] the William and Flora Hullet Foundation,
[1:17] working to solve social and
[1:18] environmental problems at home and
[1:20] around the world.
[1:23] and with the ongoing support of these
[1:25] institutions and foundations.
[1:31] And
[1:32] >> this program was made possible by the
[1:34] Corporation for Public Broadcasting
[1:37] and by contributions to your PBS station
[1:40] from viewers like you. Thank you.
[1:47] >> This was a day of reckoning for giants
[1:49] in the US financial industry. The
[1:52] fallout was felt from Wall Street to the
[1:54] campaign trail and beyond. The first
[1:56] blow came at Lehman Brothers, the
[1:58] investment bank filed for federal
[2:00] bankruptcy protection after 158 years in
[2:04] business. Then Meil Lynch, the world's
[2:06] largest stock broker, agreed to be
[2:08] bought by Bank of America for $50
[2:11] billion. And the world's largest
[2:13] insurance company, AIG, searched for