What's up with the free marketeers in the Bush Administration rushing to help out the big firms on Wall Street? Commentator Robert Reich looks back at the last few years to find what started this mess.
The $1.7 billion deal also saves about 10,000 jobs. Those workers are relieved, but Lehman didn't get the price it wanted. Megan Williams talks to a financial analyst about how this affects the global market.
The federal government let Lehman Brothers die this week, so why is it coming to the aid of AIG? Was the insurance giant really just too big to fail? Scott Jagow puts the question to Jeremy Hobson in New York.
Clearly, banks have some work to do convincing people their deposits are safe. Under the circumstances, that's a pretty tall order. Rico Gagliano gets some ideas from marketing expert Faith Popcorn
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.
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 owners of small businesses have the same concern many of us do — Is my money safe? But they have the added worry that all of the bad financial news will discourage shopping. Rachel Dornhelm reports.
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