California's general obligation debt rating has been knocked down to A minus. But why are we listening to the rating agencies when they don't exactly have a stellar track record? Jeremy Hobson reports.
The Big Money's Heidi Moore and Clusterstock.com's John Carney talk with Kai Ryssdal about how Sen. Dodd's retirement will impact reform, whether Treasury Secretary Geithner can hold onto his job, and the latest job report.
Former FDIC Chairman William Isaac talks with Kai Ryssdal about whether we should be worried that 140 banks closed in 2009, why banks are still failing, and what we can expect from the banking sector this year.
Federal Reserve Board Chairman Ben Bernanke is
defensive against charges the Fed helped to fuel the bubble in the housing market. But he says interest rate policy wasn't the problem. Nancy Marshall-Genzer reports.
Most stories about the newly unemployed are all about doom and gloom. But some people are riding out unemployment on severance packages and savings. Reporter Julie Rose finds that this new-found freedom can't last forever.