Austan Goolsbee, a member of President Obama's automotive task force, speaks to Tess Vigeland about why the White House is dissatisfied with the auto industry's progress and why it pushed for the resignation of GM CEO Rick Wagoner.
Many nonprofits took a big hit when the Bernard Madoff scam came to light. Some of his victims are gathering at the Jewish Funders conference, where they are trying to figure out how to move past the scandal. Amy Scott reports.
The Obama administration's force out of GM CEO Rick Wagoner is supposed to help the automaker survive. But commentator Kevin Hassett says for the automaker to thrive, Wagoner's not the only one who should go.
Defaults among loans insured by the Federal Housing Administration are up. As Steve Henn reports, if the FHA doesn't do a better job weeding out bad brokers and stopping fraud, trouble could be on the horizon.
Some analysts say the ouster of Rick Wagoner as GM's CEO may be the first step toward pushing the automaker to bankruptcy. As Bob Moon reports, it may also be the quickest route toward ending a long and bumpy journey.