Fallout: The Financial Crisis
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Is commercial real estate next to fall?
Oct 15, 2009
We all know about the crisis in residential real estate. But what about the commercial real estate market? Is it going to collapse as some experts and pundits are predicting? Jeremy Hobson reports.
Foreclosure wave isn't going away soon
by
Kai Ryssdal
Oct 15, 2009
In the last three months banks have foreclosed on nearly a million homes -- up almost 25% over last year. And such actions are spreading to more middle-class and upper-income neighborhoods. Curt Nickisch reports.
Panel passes new rules on derivatives
Oct 15, 2009
The House Financial Services Committee has passed new regulations for derivatives, those complex insurance policies reponsible, in part, for the collapses at Lehman Brothers and AIG. John Dimsdale reports.
Smaller banks holding up amid crisis
by
Jeff Tyler
Oct 15, 2009
Goldman Sachs, Citigroup and JPMorgan-Chase have gotten a lot of attention for their better-than-expected quarterly earnings. But what about the 8,000 other banks in the U.S. that have to be working right for the economy to get better? Jeff Tyler reports.
AIG in hot water over bonuses, again
by
Steve Henn
Oct 14, 2009
A report from the Special Inspector General overseeing the bailout at AIG says execs at the troubled insurance giant are clashing with government officials over bonuses. Reporter Steve Henn discusses the details with Steve Chiotakis.
Depression diary has recession lessons
by
Kai Ryssdal
Oct 13, 2009
A diary written during the Great Depression by a young lawyer named Benjamin Roth is now a book edited by his son, Daniel Roth, and James Ledbetter. The editors talk with Kai Ryssdal about what the diary means for today.
How to pick jurors for Wall Street trial?
by
Kai Ryssdal
Oct 13, 2009
As jury selection continues in the trial of two former Bear Stearns hedge fund managers, Kai Ryssdal talks with trial consultant Susan MacPherson about how lawyers pick jurors for such complex and high-profile cases.
For public good, not for profit.
Bear Stearns ex-managers begin trial
by
Amy Scott
Oct 13, 2009
The first criminal trial to come out of the financial crisis is underway. Two former Bear Stearns hedge-fund managers are charged with misleading investors. Amy Scott reports.
Opposition looms over consumer plan
by
Tamara Keith
Oct 12, 2009
A House committee is expected to debate and likely vote on a bill that would create a consumer watchdog agency for financial products. But there is opposition. Tamara Keith reports.
Mortgage rescues fall short for millions
by
Steve Henn
Oct 9, 2009
Despite the gains in the housing market, programs to help at-risk homeowners aren't doing enough to save millions of American from foreclosure, according to a new report. Steve Henn has the story.