President-elect Barack Obama is working on his own stimulus package. Steve Chiotakis talks to Marketplace's Nancy Marshall Genzer about where the new administration plans to put bailout money and when.
The Securities Investor Protection Corporation may be able to help some Madoff victims, with payments up to $500,000. Yet to be determined is whether investors whose money was directed to Madoff through other funds are eligible for SIPC claims. Jeremy Hobson reports.
Viacom wants more money from Time Warner Cable, saying its programming brings in 20% of the cable company's audience. Viacom says it will pull its channels and launch a heavy ad campaign if Time Warner doesn't comply. Steve Henn reports.
Bernard Madoff's victims should know soon how much money they can recover from his scheme. Meanwhile, investors are suing hedge funds for putting their money into his fund, and that could prompt more regulation. Stacey Vanek-Smith reports.
Experts have varying opinions on where the housing market is going to go in 2009. We asked our Senior Business Correspondent Bob Moon to weigh in. He tells Scott Jagow how real estate might recover in the new year.