When a lot of us first heard the news about Lehman Brothers declaring bankruptcy, our first thoughts went something like this: What about my money? Marketplace Money host Tess Vigeland explains what to do with your personal finances.
Lehman has failed, Merrill Lynch is now the property of BofA and Wall Street is abuzz over what's next. Stacey Vanek Smith asks with the head of an investment firm, just how serious is this?
From Bear Stearns to Fannie and Freddie, we've seen a host of investments that were "too big to fail" topple over. Host Tess Vigeland asks economist Diane Swonk if there are any truly fail-safe investments.
The takeover of Fannie Mae and Freddie Mac could cost taxpayers $200 billion, but could also help the housing and credit crunch. Host Bob Moon turns to Thomas Stanton of Johns Hopkins University to sort this all out.
China is in the middle of a huge boom in consumer spending, which would seem to be good news for credit card companies. But the Chinese haven't warmed to the idea of paying with plastic. Lisa Chow reports.
China's central bank is reported to be concerned about its relatively low capital base, which is partly a result of the economic problems in the United States. Ashley Milne-Tyte has more.
A branch of one of the world's largest sovereign wealth funds — the Abu Dhabi fund — plans to spend $1 billion over five years to produce and distribute feature films in Hollywood. Ali Jaafar of Variety discusses the details with Kai Ryssdal.
Prices for commodities have been dropping, so it's a tricky time for companies that run those kinds of investments. One of the larger hedge-fund managers says it's closing down a flagship commodities fund that's gone very bad. Amy Scott reports.
In the mid-90's Alabama's Jefferson County issued $3 billion in bonds to pay for a new sewer system. But now the loan might end up dragging the county, which includes Birmingham, into the gutter. And Wall Street's not happy. Andrew Yeager reports.
