Sovereign wealth funds were investing heavily in distressed U.S. banks. Mitchell Hartman learns that, like the Abu Dhabi group that bought Manchester's soccer team Friday, these funds could now be looking elsewhere.
Potential home buyers have been hovering, reluctant to buy until they feel prices have reached bottom and loan requirements have loosened. Does the bailout change the picture. Dan Grech reports.
The U.S. mortgage debt bailout will extend to toxic assets in foreign banks. But how will it be paid for, and how will it affect the global economy? Scott Jagow talks with Steven Beard in London.
Need some perspective after this week's collapse? Our senior business correspondent Bob Moon provides some. He discusses with host Tess Vigeland what we've been through and what's ahead.
After all the screaming headlines and doom and gloom of the last few days, we got to wondering whether the government's bailout plans have made people feel better. Marketplace's Mitchell Hartman went to find out.
The Treasury Department says it's setting aside up to $50 billion to protect investors in money market mutual funds. Once considered virtually as safe as cash, we learned this week they aren't. Amy Scott reports.
As is now the case with short-selling of some 800 companies.
It's ILLEGAL — for the moment.
By the way — there's already talk that short sellers will sue.
And this may be just the beginning.
Marketplace's John Dimsdale tells us Washington…
As usual…
Is not short of ideas for new regulations.
No matter how the final version of the federal bailout of banks is set up, one thing is for sure: We're all going to be holding that bad debt. For more on what that means, host Tess Vigeland talks with Robert Reich.
Chris Farrell and Tess Vigeland help listeners navigate the murky waters surrounding AIG, Lehman Brothers, Merrill Lynch and other ailing financial firms.
The federal government is considering creating a new agency that would take on all the toxic debt that has overwhelmed the financial system — hundreds of billions of taxpayer dollars. Where would it all go? Jeremy Hobson reports.
