Several hundred wealthy Germans are suspected of evading taxes with the help of a bank in Lichenstein. Scott Jagow talks to reporter Brett Neely in Berlin about the scandal and the "sport" of tax evasion.
Today Credit Suisse lowered the value of some of its securities by $2.85 billion. But Stephen Beard reports the size of the write-down isn't spooking investors as much as the lack of information from the bank.
Amidst the line-up of financial leaders testifying in Congress today over the economy of the markets, New York Governor Elliot Spitzer will talk bond insurance. Nancy Marshall Genzer reports insurers' credit ratings may be in danger.
In looking for ways to fend off Microsoft, Yahoo has begun talking to Rupert Murdoch. Doug Krizner talks to Marketplace's Lisa Napoli about whether a Murdoch partnership is feasible, and why Yahoo's founder objects to a Microsoft takeover.
A boom in virtual real estate has caused generic domain names like Vodka.com to be worth millions of dollars. Even private equity firms have been injecting money into domain name companies. Lisa Napoli reports on what caused the growth and how long it could last.
Warren Buffett has offered to reinsure $800 billion in municipal bonds to help struggling bond insurers hampered by fallout from the credit crunch. The deal would likely allow the municipal bonds to receive a AAA rating. Dan Grech reports.
Yahoo has formally rejected the Microsoft takeover offer of $44.6 billion, saying it was too low and it could find a better deal elsewhere. Kai Ryssdal talks to New York Times reporter Andrew Ross Sorkin about Microsoft's next move.
The U.S. Chamber of Commerce is encouraging investment in the region to the north. It's safer and less violent, but some worry it will encourage the Kurds to pull away from Baghdad. Jeremy Hobson reports.
