Fallout: The Financial Crisis

The self-employed are traditionally left without an official safety net and are out of luck if work dries up. The Freelancers Union wants Congress to help this independent chunk of the workforce. Bob Moon reports.

Saab has filed for bankruptcy protection today in Sweden. The company has also applied to cut itself loose from owner General Motors to find a buyer. Stephen Beard reports why many Swedes blame GM for the mess.

New York Attorney General Andrew Cuomo has subpoenaed Bank of America CEO Kenneth Lewis on an investigation into whether the bank misled investors about bonuses and losses at Merrill Lynch. Janet Babin reports.

Secretary of State Hillary Clinton heads to Beijing, where Chinese leaders are concerned about the "Buy American" clause in the stimulus package. Steve Chiotakis talks to Marketplace's Scott Tong about why China and the U.S. are both worried.

Businesses are hurting in this recession. But there is a silver lining. Tess Vigeland speaks with Professor Donald Sull about how businesses can thrive in turbulent markets.

When regulators take a look at the banks' books, they might be in for a surprise. The 38 banks the FDIC has taken over in the past two years have overstated their assets by more than $20 billion. Steve Henn reports.

In this financial crisis, there are tons of numbers being bandied about — hundreds of billions of trillions of dollars used to stimulate, bailout and lose. Commentator K.C. Cole says these days, a big number like a trillion is something we can't even grasp.

New York Mayor Michael Bloomberg wants to help his city's slumping financial sector. He announced a plan that will invest millions of dollars to strengthen Wall Street and encourage start-ups to come to the Big Apple. Ashley-Milne Tyte reports.

The SEC is accused of dropping the ball with Madoff. Now there are allegations that Robert Allen Stanford scammed investors out of $8 billion. What does someone have to do to get the watchdog commission's attention? Ronni Radbill reports.

The economic numbers released today were a mixed bag. Some were bad, others were good — at least at first glance. Nancy Marshall Genzer takes a closer look at what the numbers add up to.