Fallout: The Financial Crisis

The Bank of England has already injected over $200 billion into the U.K.'s economy. Now it's decided to increase that program by adding nearly $85 billion more. Is it worth it? Christopher Werth reports.

President Obama's top economic adviser is expected to give an update of the Recovery Act passed by Congress earlier this year. Tamara Keith reports.

We've heard a lot about how the recession has affected the "American Dream." But the literal meaning of the term hasn't gotten much attention. So how has the downturn been affecting Americans' dreams? Krissy Clark reports.

It's been almost a year since Lehman Brothers bit the dust, and creditors are still lining up to get their money back in bankruptcy court. Near the top of the list is a very familiar name: the City of New York. Amy Scott reports.

Reporter Jeremy Hobson talks with Bill Radke about why a Senate committee is saying the government should regulate rating agencies.

Lloyds Banking is reporting a $12 billion loss for the first half of 2009. The bank is struggling due to a purchase it made earlier in the year. Christopher Werth reports.

Elkhart, Ind. is largely dependent on sales and manufacturing of RVs. Needless to say its an industry not faring well in this recession. Kai Ryssdal talks with dime-store owner Mac McNally of Elkhart about Obama's visit and the economic straits of the Midwestern city.

The Treasury Dept. reports that fewer than 10% of eligible delinquent home-loan borrowers get help through the mortgage modification program. Some banks are doing better than others, but Obama administration expects all banks to do more. Bob Moon reports.

David Shirreff, British business correspondent for the Economist, talks with Bill Radke about potential repercussions Northern Rock may face and what U.S. banks can learn from the bank's failure.

Switzerland's biggest bank, UBS, is posting a higher than expected loss for its second quarter. Christopher Werth reports.