Wall Street firms moved thousands of employees out of lower Manhattan after the 9/11 terrorist attacks on the World Trade Center. Jeremy Hobson reports that the relocations affected bottom lines — in a good way.
Troubled investment bank Lehman Brothers says it lost almost $4 billion last quarter but it has plans to bounce back. What are its chances of recovering without a white knight? Stacey Vanek-Smith reports.
A subsidiary of Warren Buffett's Berkshire Hathaway group is going to stop insuring bank deposits over $100,000. Does this mean Buffett is worried about future bank failures? Nancy Marshall Genzer reports.
Fire sale at Lehman Brothers. The struggling bank will spin off its commercial mortgages as part of a plan to keep itself afloat. Lehman has lost nearly $4 billion in the fourth quarter. Janet Babin has more.
Do your retirement funds have any Fannie Mae or Freddie Mac stock in them? If so, you may want to check how much you've lost. Kai Ryssdal did, and he talks with Marketplace Money host Tess Vigeland about the financial hit you might not be aware of.
The government's mega-rescue plan for Fannie Mae and Freddie Mac boosted stock markets around the world. But what's in it for the American consumer? Will it loosen up the housing market? Janet Babin reports.
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'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.
The Commodity Futures Trading Commission is looking into whether oil companies have been manipulating prices, according to a Wall Street Journal report. Ashley Milne-Tyte has more.
The quarterly publication WSJ has the Wall Street Journal's pedigree and potential high-income subscriber list to bring in loads of advertising dollars. Rachel Dornhelm takes a look.
