Banking regulators say they expect bank failures to cost the FDIC $100 billion over the next four years. Steve Henn reports the FDIC is doing everything it can to avoid another taxpayer-financed bailout.
Joseph Stiglitz, professor at Columbia University, talks with Kai Ryssdal about if our financial system is in worse shape today, a year into the credit crisis, than it was in 2008.
Steve Henn reports on how loan-modification firms are preying on already desperate people who are facing foreclosure. This story is part of a joint investigation by Marketplace and ProPublica.
Yesterday, the Fed said it plans to spend a total of $1.25 trillion on propping up the housing market by buying mortgage-backed securities. As the market shows signs of recovery, the Fed says it will slow down the pace of purchases. Amy Scott reports.
TARP special inspector general Neil Barofsky's testimony to the Treasury Department says taxpayers aren't likely to see a full return on their bailout investment. He's also advocating for more Treasury transparency. Tamara Keith reports.
Alice Rivlin, former vice chair of the Federal Reserve Board, talks with Kai Ryssdal about the different bailouts sponsored by the Fed, and whether the financial system is still dependent on its programs.
At a House committee hearing on how to reform the financial industry, Treasury Secretary Tim Geithner said he'd like regulation proposals to be tougher. Bob Moon reports on what the White House can do on its own.
Professor Tony Sanders talks with Tess Vigeland about where we are with the TARP program, whether the financial system is still dependent on it, and how long it will take for firms to pay back funds.
Every year the Census Bureau gives a snapshot of the U.S. population. This year it shows some of the ways the recession is changing the way we live. Amy Scott reports.
The Federal Reserve Board kicks off a two-day meeting to discuss interest rates today, and it doesn't look like they'll be raised any time soon. And some economists say a little inflation may be a good thing. John Dimsdale reports.
