Alan "Ace" Greenberg, former CEO of Bear Sterns, talks with Kai Ryssdal about his new book, "The Rise and Fall of Bear Stearns," whether he regrets anything he did at the company, and his experiences at the helm of a now-extinct investment bank.
Nearly a month out, regulators say we may never pinpoint the cause of the Dow's big May 6th tumble. Peter Cohan, market analyst at Peter Cohan & Associates, talks with Bob Moon about why we don't know what happened when the Dow crashed that day.
Felix Salmon from Reuters and John Carney, senior editor at CNBC, talk with Bob Moon about what to make of the stock market plunging in May and the proposal for banks to report the true value of their loans.
Toys "R" Us is growing up. It plans to go public. The toy seller was a public company five years ago, but then it was one of many companies bought by private investors during boom times. Jeff Horwich reports this is a sticky time for the toy retailer to try to get its money back.
Some banks that used to seem kind of shaky have been looking better based on their latest books. But we learned the hard way the past couple of years you can't necessarily take those books to the bank. So corporate-accounting rule setters are suggesting it's time for a change. Bob Moon reports.
When financial services were driving the economy, it seemed a no-brainer to send the cream of the academic crop to Wall Street. But after the last few years of financial crisis, a lot of people are asking whether it's worth it for graduates and the country. Jeremy Hobson reports.