May 11, 2012
Big bets on an obscure index lay at the heart of JPMorgan's losses this week. Sr. Producer Paddy Hirsch explains how an index of CDS works.
May 14, 2012
Our weekly dive into the mail bag, and L.A. Times personal finance columnist David Lazarus helps a caller with a question about record-keeping.
Apr 27, 2012
In our weekly letters segment, CBS MoneyWatch Editor-at-Large Jill Schlesinger discusses retirement investing strategies for late-starters.
Apr 9, 2012
Paddy Hirsch, Liz Weston, and Tess discuss the wisdom of taking out huge amounts of student debt.
Apr 6, 2012
A financial trader known as the "London Whale" is making a splash on Wall Street, taking a huge bet worth possibly tens of billions of dollars on corporate credit default swaps.
Mar 9, 2012
In Greece, private investors have agreed to write off about 75 percent of their loans to the country.
Feb 28, 2012
Yesterday, Standard & Poor's downgraded Greece's credit rating to "selective default." It's a move that everyone expected, but what's the difference between that and the messy default it was trying to avoid?
Nov 29, 2011
There's been a lot of talk recently about the need to ring-fence certain economies in Europe. These aren't the economies that have defaulted or been bailed out; these are the economies that are too big to fail. Italy is the most glaring example.
Nov 28, 2011
One of the solutions being floated around to help save Europe is called a "ringfence." But what is that exactly?
Nov 11, 2011
Posted by Chau Tu...