Commentator David Frum sees the point some are making about the credit crisis — that what's needed to fix things is the strong hand of government. But he strongly disagrees.
The government's been throwing cash around willy-nilly to bail out Bear Stearns, AIG and Fannie and Freddie. Where's all that money coming from? And how often can Bernanke and Paulson keep going back to that well? John Dimsdale reports.
A lot of well-known investment houses are gone now — remember E.F. Hutton? Bob Moon talks with a former Goldman Sachs partner about what it will take for investment banks to survive from now on.
The government is lending insurance giant AIG $85 billion in exchange for an 80 percent stake in the company. Is this a good deal for the government? Stacey Vanek-Smith talks to economist Mark Zandi.
Even though they are relatively small in number, users of the Twitter online service are a powerful group. And companies looking to make quick contact with customers have taken notice. Jennifer Collins reports.
The United Nations General Assembly has quietly convened its annual session. Commentator Amity Shlaes says the explanation for who's friendly with the U.S. at the United Nations — and who's not — is often economic.
The Fed has not cut inflation since setting it at 2 percent in April, largely because of inflation fears. But turmoil on Wall Street could persuade Fed members to end that steady streak. Jeremy Hobson reports.
While all eyes were on Wall Street's big financial institutions, the price of oil slipped down to $91 a barrel — a seven-month low. How'd that happen? Host Stacey Vanek-Smith asks economist Andrew Hilton.
Treasury Secretary Henry Paulson is saying enough is enough with government bailouts. So, what will happen with troubled insurance company AIG? Scott Jagow takes the question to the head of a British think tank.
After 9/11, Lehman Brothers moved its headquarters from Wall Street to near Times Square, where the new building's garish light displays fit right in. That didn't put it on the official tourist map — until today's events. Sally Herships reports.
