The Senate subcommittee is looking at credit ratings agencies like Moody's and Standard & Poors for allegedly taking bribes instead of keeping an eye on mortgage-backed securities. Steve Chiotakis talks to Marketplace's Gregory Warner.
Word is Goldman Sachs has hired major firepower to try and win any court cases after being charged with fraud by the SEC. But the question for shareholders is to fight or not? Jennifer Collins reports.
During a speech in New York, President Obama made a push for Wall Street reform — just as the Senate prepares to debate its overhaul package. Jeremy Hobson reports momentum appears to be on the president's side.
A Senate committee passed a bill that calls for tougher rules on derivatives trading, which would include revealing prices on a public exchange. Steve Chiotakis delves deeper into the bill with Marketplace's Gregory Warner.
President Obama is sharing the message to Wall Street that without change, we're due to repeat the crisis. Is that true? Bill Radke talks to economics editor Chris Farrell about the potential for global regulation.
The Senate Agriculture Committee voted to bank banks from trading in derivatives. Bank lobbyists may not be pleased with the decision, but the vote recognizes that derivatives do have some legitimate uses. Brett Neely reports.
The Securities and Exchange Commission says it will continue its enforcement efforts on questionable investment bank activities, including the practice of hiding debt. Steve Chiotakis talks to Marketplace's Gregory Warner.
The Senate is considering legislation tackling derivatives. One bill would require the instruments be traded on a public exchange, while another determines that banks wouldn't handle risky behavior at all. Jennifer Collins reports.
Derivatives contracts were first used by farmers as a way to sell their crops in advance. Derivatives trading has gotten much more complex since then — as has the plan to regulate them. Brett Neely reports.
With a quarterly profit of nearly $3.5 billion, no one's questioning Goldman's ability to service its loans. But its all-important reputation is still under attack. Alisa Roth reports.