Treasury Secretary Henry Paulson said the $250 billion bank rescue plan isn't just for the big guys. It's come one, come all — big, medium or small. Ashley Milne-Tyte has more from New York on what Paulson had to say.
Investment banks like Bear Stearns and Lehman Brothers have been major casualties of the financial crisis. With investors skeptical about risk, is the investment banking model dead? London Bureau Chief Stephen Beard reports.
When people visit New York's Wall Street today, they may be surprised to find more of the financial firms have moved uptown. But Sally Herships reports the residents may have changed, but the image is still intact.
When a stock falls, investors have a pretty good idea that it means less money for them. But what does it mean for the company? Do falling shares affect its bottom line? Marketplace's Jeff Tyler finds out.
A growing number of hedge funds have gone from big winners to big losers. Highland Capital Management is shutting down two of them, blaming "unprecedented market volatility." Senior Business Correspondent Bob Moon reports.
The Fed soon starts lending directly to corporations, plus it's pledged unlimited dollars to foreign central banks. So, just how much is this gonna cost, and where's the Fed getting the money? Steve Henn finds out.
Presidential candidates Barack Obama and John McCain say they have starkly different plans to restore the U.S. economy. But in reality, Steve Henn reports, the candidates' policies are moving closer together.
An important part of the government's financial fix is to give the FDIC a bigger role in insuring bank deposits. Stacey Vanek-Smith reports it's all about restoring confidence in the markets.
The idea of having the Treasury Department take stakes in selected banks is to provide them with cash to start making loans again, not to keep it to themselves. Janet Babin wonders if banks will agree to that.
Have the financial rescue plans done anything yet to encourage banks to start lending again? So far, the major credit benchmarks aren't moving much. Senior business correspondent Bob Moon reports.
