With a deadline looming tomorrow, GM bondholders are under pressure to forgive $27 billion worth of loans. But fearing that they're becoming scapegoats, many are hoping for a better payout. Bob Moon reports.
The dollar's getting hammered today amid fears the U.S. could be headed for a lower credit rating. Yesterday, Standard & Poor's lowered its outlook for the United Kingdom. Is a U.S. ratings downgrade on the way? Janet Babin reports.
GMAC already received $5 billion from the Troubled Asset Relief Program program back in December. Now, reports out say the Treasury Department is set to loan GMAC over $7 billion more. Janet Babin reports.
Because credit rating agencies began as publications, they could stand behind what they said using the First Amendment. After the economic crisis, Congress might not let them do that anymore. Ashley Milne-Tyte reports.
China's new Growth Enterprise Board hopes to reward the country's tech stars the same way Nasdaq helped companies like Google and eBay. But this exchange comes with a different set of rules for investors. Scott Tong reports.
Some unlikely political allies are pushing a piece of legislation that calls for a full-scale audit of the Federal Reserve and its 12 regional banks. Steve Henn reports what would be involved in a stress test for the Fed.
Former Madoff investors continue to try recouping some of the billions they fed into the Ponzi scheme. Kai Ryssdal talks to Frontline correspondent Martin Smith, who looks into the "feeders" of the Madoff Affair.
Ford Motor Company took advantage of a recent rally in its stock price today and sold close to 300 million new shares. A few banks are also hitting up the markets for cash, and so far investors are biting. Amy Scott explains how it works.
