Segments From this episode
CBS/MoneyWatch's Jill Schlesinger says the current fiscal crisis can be compared to 2008. But this time, the U.S. isn't the star of the show, and Bear Stearns and Lehman Brothers could be 'easily replaced' with Greece, Italy and Spain.
In response to this week's global market swings, four European countries have temporarily prohibited the short selling of bank stocks. But will a ban actually calm the markets?
Moody's Analytics economist Gus Faucher explains why he thinks a ban on short selling will not be effective and may just be posturing on the part of European governments.
University of Chicago business professor Randall Kroszner says that short selling bans don't address the fundamental concern of sovereign debt in European countries
Marketplace Morning Report for Friday, August 12, 2011