Fallout: The Financial Crisis

In London, banks are reacting to the Fed cut with lower interbank lending rates, but they're still reluctant to lend. Stephen Beard reports markets will look to Barack Obama's fiscal packages for help out of the slump

The Federal Reserve's target interest rate is looming somewhere between zero and a quarter of a percent, and world central banks are responding with their own cuts. Scott Jagow talks to Stephen Beard in London.

The Federal Deposit Insurance Corporation will likely tackle bank assessment fees when it meets today. It may have to double those fees in order to keep up the amount it needs to maintain in reserves by law. Janet Babin reports.

Up until now, Goldman Sachs has refrained from showing quarterly losses. But today, the bank lost $5 a share. Scott Jagow talks to Marketplace's Alisa Roth about how it plans to weather the drop.

Hungary has been feeling bitter about free market capitalism based on the way the West is handling the economic downturn. And other Eastern European countries share the sentiment. Stephen Beard reports.

When the Fed cuts interest rates, it's targeting the rate at which banks lend to each other. But in reality, banks lend to each other at rates much lower. Sarah Gardner explains what a prime rate is and why it affects us.

Hungarians have experienced a rise in the quality of life since communism ended. But to support their new lifestyles, many Hungarians depended on foreign loans. Now, Hungarians with loans in foreign currency may be hungry for change. Stephen Beard reports.

The Federal Reserve Board will likely announce Tuesday it is cutting interest rates. But what happens next? As John Dimsdale reports, it may take more than just low rates to get banks back in the game.