The Securities and Exchange Commission extended a ban on stock short-selling put in place last month. Stacey Vanek-Smith looks into why the SEC enacted the ban in the first place and the dangers of short-selling.
Does the Senate's new version of the bailout package do enough to prevent future problems? Scott Jagow talks to Democratic Congressman Bill Pascrell about the changes he'd like to see made to the bill.
European financial leaders are having trouble organizing a plan of action to combat the financial crisis. Stephen Beard reports the European Commission will meet for an emergency summit this Saturday.
As lenders become increasingly conservative, borrowers will grow more cautious. Scott Jagow talks to economic editor Chris Farrell about how the recession will promote a new, long-lasting wave of frugality.
Marketplace's financial road trip continues this morning in Charlotte, N.C., where New York City Bureau Chief Amy Scott explores the wide effects Citigroup's purchase of Wachovia's banking business has on the city.
The Senate's new economic rescue package is now worth over $800 billion. Washington Bureau Chief John Dimsdale told Renita Jablonski some Republicans naysayers see improvements in the new bill.
After the financial rescue plan failed in the House, Kai Ryssdal checked in with Democratic Rep. Peter DeFazio to talk about his No vote. Now that the Senate has come up with a new version, Kai calls him back.
Just how did we get into this credit crisis? The ongoing story is full of confusing terms and obscure financial products. Even the sellers didn't know what they were. The Marketplace Players try some out.
Money for loans is available; it's just that it costs a lot of money to borrow it. So, for many businesses, the credit crunch is very real. Mitchell Hartman reports.
Many homeowners who have been using home equity to fulfill basic needs are running into trouble as banks freeze lines of credit. Stacey Vanek-Smith talks to people who had equity lines now troubled by the credit crunch.
