The Senate will vote on a new financial rescue package tonight with new provisions to pick up House votes. Scott Jagow talks to Steve Henn in Washington about what's new in the bill and how these additions could backfire.
Headlines have been trumpeting news of a financial crisis for weeks, but the situation isn't the easiest to understand. Scott Jagow gets a primer from consultant Peter Cohan, who explains the credit market trauma.
Without the bailout plan, regulators have to use their usual methods to manage the markets. What tools are in their belt now? Marketplace Washington Bureau Chief John Dimsdale reports.
After the proposed bailout fizzled, Treasury Secretary Henry Paulson said he'd do everything possible to protect markets. Like what? Stacey Vanek-Smith looks into what actions have been taken so far.
With the bailout fight strong in the House it's likely a solution won't come until Thursday. Scott Jagow talks to Steve Henn from Washington about why a presidential candidate hasn't stepped forward to move the issue.
The Dow fell a dramatic 777 points today — the worst plunge in two decades — on news that the House rejected the $700 billion bailout plan. Kai Ryssdal asks two members of Congress to help make sense of it all.
A lot of investors thought the stock market was just too risky a place for their money. So stocks made a record drop. Senior business correspondent Bob Moon has that part of this incredible day's developments.
When the day began in Washington, Treasury Secretary Paulson and Fed Chairman Bernanke were hopeful their massive financial rescue plan was on its way to becoming law. The House had other ideas. Steve Henn reports on what went wrong.
Upstaged by the bailout vote and the stock market fall, news that Citigroup is buying Wachovia got far less attention that it would have on a normal news day. But Jeremy Hobson gathered up the details.
It's been a heck of a week, hasn't it? The deal was on. Then it was off. The economy was collapsing — but not yet, it seems. Kai Ryssdal talks with Katie Benner of Fortune magazine and David Leonhardt of The New York Times about all that's happened.
