Jill Schlesinger of CBS/Moneywatch explains how the G7's collective decision to intervene and lower the value of the yen could be the best chance of a swift recovery for Japan.
The Group of Seven have announced their coordinated intervention plan to ease pressure on Japan's exchange rate, helping to boost stocks and weaken the yen.
According to the Treasury Department, six banks have repaid the funds they received from the government bailout of Wall Street, bringing the total bank repayment under the Troubled Asset Relief Program to 99 percent
