Middle Eastern governments are pouring money into the U.S. — from Citibank to Church's Chicken. Tess Vigeland asks Islamic finance expert Mahmoud El-Gamal about the future of this relationship.
Citigroup's shares dropped 4% after the leader of a Dubai-owned investment firm stated that it will take "a lot more money" to rescue the struggling bank. Bob Moon reports on how Middle East investors influence the market.
Commentator Charles Handy says American corporations are run more like totalitarian states than pillars of democracy. He hopes they can restore their reputations as forces of economic good. Last in a series.
The City of London Corporation is worried it may be losing the upper hand to the former Colonies when it comes to international finance. But some say the fuss over top-dog status is all hype, an effort to relax government regulations. Jill Barshay reports.
Overseas capital is increasingly headed elsewhere as the U.S. dollar continues to fall. Future credit will be more expensive, and Americans will have to increasingly rely on their savings. John Dimsdale reports.
To help remedy the struggling bond auction market, federal regulators are being urged to get behind a plan that some bond sellers are pushing as a short-term fix. Bob Moon reports it could allow them to buy back their own IOUs.
In anticipation of a surge in bankrupt banks from the credit crisis, the Federal Deposit Insurance Corp. is recruiting retirees experienced in handling insolvent financial institutions. Stacy Vanek-Smith reports.
Despite the credit crunch, credit card giant Visa filed the largest initial public offering in history. Jill Barshay reports why the company isn't affected by whether or not you pay your bill.
Video game maker Take-Two Interactive turned down a $2 billion bid from Electronic Arts. Dan Grech reports Take-Two wants to wait for merger talks until after the release of Grand Theft Auto IV.
