Banks

Banks were saved from the cliff's edge with billions of dollars of TARP money. But commentator David Frum asks, do voters care that things could have been worse without the federal government's bailout?

Central banks and regulators from around the world have agreed to major reforms to help head off any future meltdowns. Banks will be told to triple the amount of spare cash they hold on their books. But could this trigger another "credit crunch?" Stephen Beard reports.

Meeting in Basel, Switzerland, regulators agreed yesterday to force banks to triple their amount of capital reserves -- spare cash they can use in a crisis. Matthew Bishop, U.S. editor of The Economist magazine, talks with Bill Radke about how this will fit in with the American regulatory framework.

Goldman Sachs has been fined following fraud allegations -- again. This time, it happened in the U.K. The British financial regulator has slapped a $31 million fine on the investment bank. London bureau chief Stephen Beard talks with Bill Radke about why it's being fined.

JPMorgan Chase is shutting down its proprietary trading desks, the places where it trades on its own behalf. Reporter Jeremy Hobson talks the details with Bill Radke about how this might affect the bank.

Money sitting in savings accounts used to grow, but with low interest rates and increasing bank fees, savings accounts are starting to be a less appealing place to park your money.

Short-term loans for corporations from the commercial paper market are back and corporations are taking out loans, even if they don't necessarily need them. Marketplace's Alisa Roth explains why.

... the company reports $1.3 billion in profits-- IPO to come Car dealers face higher demand with short supply New jobless claims rise again For...

U.S. taxpayers gave $300 billion to bail out U.S. banks, which ultimately helped rescue foreign banks in a globalized system.