Reporter Dan Bammes asks Utah residents how the financial crisis has affected them, and a few of our younger listeners weigh in on how the state of the economy has changed their investment strategy.
Even though Congress has agreed on a revised bailout plan, Marketplace Senior Business Correspondent Bob Moon tells host Tess Vigeland that the economy isn't out of the woods yet.
Host Tess Vigeland and reporter Amy Scott are on the road to see how the financial crisis is affecting people all over the country. Tess reports on how residents in Salt Lake City are weathering the storm.
Kai Ryssdal talks with House Speaker Nancy Pelosi about passage of the bailout bill. The congresswoman says plans are in the works to establish regulatory policies and other reforms.
Investment instruments known as collateralized debt obligations are partially to blame for the mortgage crisis. They're complicated and hard to explain, but Rico Gagliano gives it a try with help from Marketplace Senior Editor Paddy Hirsch.
Marketplace Money Host Tess Vigeland and New York City Bureau Chief Amy Scott give Kai Ryssdal an update from their cross-country trips to see how Americans are doing in our "Road to Ruin?" series.
The Senate tinkered with the bailout plan, then passed it. And, lo and behold, the House passed it too. Meanwhile, the Dow took a dizzying fall. Kai Ryssdal takes a look at a week that could best be summed up as a real doozy.
Wachovia has billions of dollars in toxic mortgage debt, which Wells Fargo wants to buy. But Citigroup says it's got first dibs, and Warren Buffett is in on the action too. Janet Babin sorts it out.
With the financial bailout plan approved, Treasury Secretary Henry Paulson wants the operation set up within weeks to instill confidence in the markets. Washington Bureau Chief John Dimsdale looks into what that entails.
The House is preparing to vote on the Senate's version of the $700 billion bailout for the financial industry. Nancy Marshall Genzer reports that today, House leaders say they have enough votes to pass it.