The word of the day for the state of the global stock markets was "disarray," European Bureau Chief Stephen Beard tells host Kai Ryssdal. Doubt over the U.S. government rescue plan sent markets plummeting worldwide.
Stocks take another dive, as markets show their impatience and lack of confidence in the financial bailout measures to be taken by the Treasury. Washington Bureau Chief John Dimsdale asked financial experts what's going on.
Bailout supporters took a lot of heat for handing that cash over to Wall Street. But commentator and economist Andrew Samwick argues it's actually Main Street that's usually on the receiving end of government help.
Kai Ryssdal talks with House Speaker Nancy Pelosi about passage of the bailout bill. The congresswoman says plans are in the works to establish regulatory policies and other reforms.
Investment instruments known as collateralized debt obligations are partially to blame for the mortgage crisis. They're complicated and hard to explain, but Rico Gagliano gives it a try with help from Marketplace Senior Editor Paddy Hirsch.
Marketplace Money Host Tess Vigeland and New York City Bureau Chief Amy Scott give Kai Ryssdal an update from their cross-country trips to see how Americans are doing in our "Road to Ruin?" series.
The Senate tinkered with the bailout plan, then passed it. And, lo and behold, the House passed it too. Meanwhile, the Dow took a dizzying fall. Kai Ryssdal takes a look at a week that could best be summed up as a real doozy.
Wachovia has billions of dollars in toxic mortgage debt, which Wells Fargo wants to buy. But Citigroup says it's got first dibs, and Warren Buffett is in on the action too. Janet Babin sorts it out.
With the financial bailout plan approved, Treasury Secretary Henry Paulson wants the operation set up within weeks to instill confidence in the markets. Washington Bureau Chief John Dimsdale looks into what that entails.
Many Wall Street banks and financial services moved parts of their operations across the Hudson River, earning Jersey City the name "Wall Street West." Sally Herships learns that might not be such a good thing now.
