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Bob Moon

Latest from Bob Moon

  • Late Thursday, the FDIC took over Washington Mutual and sold the bank to JPMorgan. Host Tess Vigeland asks Marketplace's Bob Moon what the new ownership will mean for current WaMu customers.

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  • We still don't know what Treasury Secretary Henry Paulson and Fed Chairman Ben Bernanke told Congress last week that got lawmakers so scared. But Marketplace's Bob Moon looks at how bad the worst-case scenarios could be.

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  • President Bush is speaking to the United Nations today, his final speech before that organization. The economic crisis overshadowed the event, however. Bob Moon has more.

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  • The SEC has toughened rules on short selling, the British government has banned shorting of financial firms, and New York's attorney general has launched an investigation into the shorting of financial stocks. Bob Moon reports on why these actions were deemed necessary.

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  • In the year-and-a-half since Fed Chairman Ben Bernanke said the credit crisis would be contained, the markets have kept a mostly cautious stance. But a couple of weeks ago things changed — and not for the better. Bob Moon reconstructs the course of events.

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  • Lehman Brothers is filing for Chapter 11 bankruptcy, and Merrill Lynch has been snapped up by Bank of America. What's next in the mortgage-crisis fallout? Bob Moon takes us through all the changes.

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  • Did you know that if you borrow from your Social Security early and pay it back later, the government will call things even? Bob Moon reports on an option that almost sounds too good to be true.

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  • The closing ceremonies for the Summer Olympics are Sunday night, and only so many winners will walk away with big-money endorsements. Bob Moon talks about the gold medal deals with sports commentator Diana Nyad.

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  • As many as six banks are said to have agreed to buy back securities from the failed auction-rate market as part of a settlement with federal regulators. Is a global settlement in the works? Bob Moon reports.

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  • Chrysler's owners say they're considering having Nissan or another car company design vehicles that would be sold under the Chrysler brand. Bob Moon reports how the working relationship could benefit both companies.

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