Treasury Secretary Timothy Geithner says as financial instruments have gotten more complex, government regulators haven't kept up. That's why he's asking Congress for more authority to regulate the system. John Dimsdale reports.
After Sioux Falls got rid of its credit card interest rate limits, financial giants moved in and brought thousands of jobs to the city. But with defaults soaring, the job market has tanked. Stacey Vanek-Smith reports.