It was a wild week for bank stocks as rumors of nationalizations, bailouts and massive losses created a roller-coaster for investors. Steve Henn reports on what this might mean for you.
Citigroup says this morning, it reached a deal that gives U.S. taxpayers 36 percent stake in the bank. Bill Radke goes deeper into the deal with Marketplace's Dan Grech, who explains why the administration moved forward with the plan.
Marketplace Senior Editor Paddy Hirsch can usually be found answering questions on complex financial terms at the Marketplace Whiteboard. Today, Renita Jablonski asks him some additional questions from listeners in the studio.
Warren Buffett's company, Berkshire-Hathaway, releases its earnings today. Analysts are predicting a dismal report, but Rico Gagliano reports why Buffett's shareholder letters still command respect.
Fannie Mae reported yesterday it lost nearly $60 billion last year. Now, the government-backed mortgage company is tapping its federal line of credit. Dan Grech reports how much the company will need to stay afloat.
The Japanese economy is struggling in no small part due to the poor health of exports. Products like cars and flat-screen TVs are usually bought on credit, which these days is hard to come by. Scott Tong reports.
Credit card assistant programs are popular as consumer debt levels near one trillion dollars. Steve Chiotakis talks to LA Times columnist David Lazarus about why he's skeptical about some of these firms.
AIG is rumored to report a $60 billion loss, and could turn to the U.S. government for additional bailout funds. Renita Jablonski talks to Breaking Views's Edward Hadas about whether it's a good idea to give AIG more money.
