Mid-tier, regional banks have an opportunity to scoop up some of the business from their failed brethren on Wall Street. Rachel Dornhelm checks in with financial experts on how the public might respond.
British bank Barclays passed on buying Lehman Brothers, but now that Lehman has filed for bankruptcy protection, Barclays might jump back in and try to grab some of Lehman's assets. Megan Williams reports.
The Lehman Brothers debt is estimated at $600 billion — an unprecedented amount. Now that the company has filed for bankruptcy protection, the more valuable assets could go quickly. John Dimsdale reports.
Treasury Secretary Henry Paulson is saying enough is enough with government bailouts. So, what will happen with troubled insurance company AIG? Scott Jagow takes the question to the head of a British think tank.
Lehman Brothers is filing for Chapter 11 bankruptcy, and Merrill Lynch has been snapped up by Bank of America. What's next in the mortgage-crisis fallout? Bob Moon takes us through all the changes.
After 9/11, Lehman Brothers moved its headquarters from Wall Street to near Times Square, where the new building's garish light displays fit right in. That didn't put it on the official tourist map — until today's events. Sally Herships reports.
AIG, the world's largest insurance company, is being torn apart by losses from the subprime mortgage meltown. The company got some breathing room today but the question on Wall Street is whether AIG can survive the week. Jeremy Hobson reports.
AIG is facing a potential downgrade by the major credit-rating agencies, and is said to be seeking help from the government. Scott Jagow asks Amy Scott, how did an insurer get into this mess?
And now, the fallout. More of the same seems to be the common prediction. As for who next, AIG seems to have been nominated for that post. Stacey Vanek Smith asks economist Christopher Low for his take.
The dollar fell in Asian markets on worries about the U.S. banking system. Those emerging economies were expected to ride out the financial storms. But as Scott Tong reports, that's not turning out to be so.
