The results of the bank stress tests will officially be made public today, but with the news leaking out over the last several days, many of us already know the score. The goal now is a plan for action. Tamara Keith reports.
The government will soon release results from the big banks' stress tests. What are investors and analysts saying about the possible outcomes? Amy Scott reports.
Some bankers are eager to get rid of their federal bailout funds, and free themselves from government regulation. But to do that, banks will have to clear a few hurdles first. Steve Henn reports.
Reports say that Bank of America may need to raise $34 billion in capital to stay solvent. Karen Shaw Petrou at Federal Financial Analytics, talks with Kai Ryssdal about why this might be good news and how the bank can come up with the cash.
The government is reluctant to let banks rapidly repay TARP money for fear they won't be ready to stand on their own. Tamara Keith reports new guidelines banks will need to follow, including giving up the FDIC debt guarantee.
Federal Reserve Chairman Ben Bernanke says he expects the economy to recover later this year, and there are glimmers of hope in the economic data. But, don't break out the champagne just yet. Steve Henn reports.
Fed Chairman Ben Bernanke expects the U.S. economy to bottom out and improve later this year if the financial sector continues to mend. Meanwhile, many banks are expected to need more cash to make it through the fallout. Tamara Keith reports.
The big banks' stress test results have been pushed back as executives try to convince the Treasury Department to give them passing grades. Kai Ryssdal speaks with the Peterson Institute's Adam Posen about the negotiations.
