Fallout: The Financial Crisis

Bonuses paid out to AIG executives have sparked outrage, and lawmakers are telling CEO Edward Liddy to fix the problem or they will do it for him. But what can the government really do? Steve Henn reports.

AIG CEO Edward Liddy is set to face a House panel's questions on bonuses paid to company executives with federal bailout money. Kai Ryssdal talks with Rep. Barney Frank about what to expect from the hearing on Wednesday.

The bonuses being doled out to AIG employees have clearly touched a nerve, but limiting executive salaries may come with drawbacks that could sting more than just the bonuses. Janet Babin reports.

Criticism over the AIG bailout is being pointed at U.S. Treasury Secretary Timothy Geithner this morning. Renita Jablonski talks to University of Maryland professor Peter Morici over why he's being pinpointed.

AIG says its hands are tied when it comes to paying bonuses to employees of its disastrous financial product division. Commentator Paul Kedrosky thinks some people ought to have their heads examined.

President Obama wants to stop AIG from handing out bonuses to executives who nearly drove the firm to bankruptcy. But AIG says its hands are tied because of legally-binding contracts. Steve Henn reports.

With the federal government paying $170 billion to bail out AIG so far, why is the insurance company turning around and paying multi-billions to other banks and creditors? Kai Ryssdal speaks with reporter Jeremy Hobson about where the money's going and why.

There's a great deal of angst circulating on AIG bailout funds going to employee bonuses, and some analysts think this could taint Obama's political capital. Janet Babin reports how Obama may be able to quell naysayers.

The Obama administration is moving forward on its goal to reverse the financial fallout quickly and avert another one. Janet Babin reports what's on the table, including giving more power to the Fed to regulate financial institutions.

Finance ministers from around the world gathered near London this weekend as a precursor to next month's G-20 financial summit. Christopher Werth reports how officials agreed to work together on the global financial fallout.