Fallout: The Financial Crisis

Senator Dodd will soon lay out his plan on how to reform the financial system. Steve Henn reports Dodd's thinking is very different from what the banking industry wants.

Pretty much any way you look at it, we're in the worst job market this country has seen in 26 years. The unemployment rate hit 10.2% in October, and silver linings are hard to find. Steve Henn reports.

A Congressional Oversight Panel report says the U.S. government gambled with taxpayer money to guarantee risky bank assets. The panel's chair, Elizabeth Warren, talks the details with Bill Radke.

Finance ministers from the Group of 20 nations are meeting in Scotland to review the state of the global economy. Stephen Beard reports they're worried about a threat from an old enemy.

Reporter Ashley Milne-Tyte talks with Bill Radke about a House committee hearing on what it hopes is a financial fix called "systemic regulation."

GMAC, best known as the former financing arm of General Motors, is asking for more U.S. aid, on top of the $12.5 billion it has already received. Reporter Ashley Milne-Tyte talks the details with Stacey Vanek-Smith.

New reports say Congress is about to propose new rules that would give the government more power to take apart financial giants that get into trouble. Ashley Milne-Tyte reports.

Sales of existing homes jumped 9.4% last month, fueling debate over whether the first-time home-buyer tax credit should be extended beyond its Nov. 30 cutoff. Nancy Marshall Genzer reports.

Fed Chairman Ben Bernanke is calling on Congress to approve new regulations that would prevent another financial crisis. And he wants the Fed to be appointed the enforcer. But that idea probably won't fly with lawmakers. John Dimsdale reports.

Barry Ritholtz of Fusion IQ tells host Bob Moon that mortgage modification programs aren't working very well. The overall economy would return to better health in a shorter time, he says, if the pace of foreclosures were accelerated.