Is the Fed encouraging a shakeout in the regional bank sector? Word is the government might allow mid-sized banks to buy weaker rivals with bailout money, instead of issuing loans. Jeremy Hobson checks it out.
Marketplace host Kai Ryssdal talks to historian David Kennedy about the tools the next president will have at their disposal for battling America's financial crisis.
With General Motors stock trading around $6, the company would like to close a merger deal with Chrysler as soon as possible. Ashley Milne-Tyte reports where GM's turnaround plan went wrong.
If banks under merger deals come out with poor earnings reports, could the deals fall apart? Rachel Dornhelm reports an acquiring bank might not see a large write-down at a troubled partner as an entirely bad thing.
With a global recession on the horizon, the prices are right for companies to seek shelter in other companies. John Dimsdale reports why some consolidation can be expected in every down economy.
Wells Fargo's Wachovia bid may have blown Citibank out of the water, but a binding agreement may result in a compromise. Stacey Vanek-Smith talks to economist Chris Low about why a Wells Fargo takeover would be more favorable.
There are reports that both Citigroup and Wells Fargo may be able to reach a compromise on the takeover of Wachovia, splitting the branches between the two banks. Jeremy Hobson reports why the Fed is pushing for the deal.
Wells Fargo would get Wachovia for $15 billion, knocking Citigroup and the FDIC out of the picture. Renita Jablonski talks to Chris Whalen of Institutional Risk Analytics about why the banks may be a good fit.
Wachovia, WaMu and Merrill Lynch have all been bought up by other banks, meaning there's now a lot more money in a lot fewer hands. Marketplace's Jeremy Hobson reports.
Lloyds TSB has announced that it will pay $22.2 billion for troubled lender HBOS, a deal that makes Lloyds the UK's largest bank. British authorities apparently approve. Megan Williams reports.
