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Lynch, Lehman trade ratings jabs

Aug 31, 2007
Wall Street can be an incestuous place... When Merrill Lynch downgraded its rating on Lehman Bros. because of Lehman's exposure to the credit turmoil, the investment bank downgraded Merrill Lynch. Amy Scott reports.
Posted In: Economy, Investing, Wall Street

Careful helping off-shored unemployed

Aug 31, 2007
When Congress returns after the Labor Day holiday, it will debate re-authorizing a program to help U.S. workers who lose their jobs due to imports or off-shoring. But a new proposal could damage the middle class, says commentator Beth Shulman.
Posted In: Jobs, Washington

Week on Wall Street

Aug 31, 2007
Stockbroker and business analyst David Johnson talks with host Tess Vigeland about how the markets are adjusting to the credit crunch and what may lie ahead.
Posted In: Wall Street

Charities getting crunched too

Aug 31, 2007
The non-profit sector is waiting nervously to see how much fallout it'll feel from the credit crunch, and steeling itself for leaner times ahead as wallets everywhere tighten. Ashley Milne-Tyte reports.
Posted In: Economy

Subprime fallout hits credit rating agencies

Aug 31, 2007
Standard & Poor's President Kathleen Corbet has stepped down. The official line is "pursue other opportunities" but speculation says this may be just the beginning of the subprime fallout for credit rating companies. Janet Babin reports.
Posted In: Wall Street

Will he or won't he talk interest rate cuts?

Aug 30, 2007
The financial world is waiting to see if Ben Bernanke will give any indication of a cut in interest rates at an annual monetary conference tomorrow. Tess Vigeland talks to Michael Sheldon of investment banking firm Spencer Clarke.
Posted In: Economy, Wall Street

Iraqi task force targets contract fraud

Aug 30, 2007
The U.S. Army is launching a major investigation into fraud reports in all those private contracts awarded for military operations in Iraq. With 18,000 contracts in four years, they'll be plenty busy. John Dimsdale reports.
Posted In: Jobs, Washington

Don't leave home without your spares

Aug 30, 2007
Car keys have gotten so high-tech on some models these days that locksmiths will tell you it's better to play it safe and take along not just one but two sets of spares when you go on vacation. Jon Baird has details.
Posted In: Auto

Mexican Dream is alive and well

Aug 30, 2007
Sure the American mortgage market may be all but flatlining, but that's actually given the housing market south of the border a healthy boost. Dan Grech explains.
Posted In: Canada, Housing, Mexico

Rebuilding at Katrina's 'Ground Zero'

Aug 29, 2007
Two years ago, the hurricane first touched ground at low-lying Plaquemines Parish in Louisiana. Even as most businesses rebuild on higher ground, a new economic core is taking root in Plaquemines. Sam Eaton reports.
Posted In: Economy, Entrepreneurship

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