Fallout: The Financial Crisis

With executive compensation topping this week's G20 Summit agenda and the Fed considering limits on bank execs' pay packages, corporate America is getting the message. A business group is now proposing its own reforms. Amy Scott reports.

The Federal Reserve has a new plan to regulate the financial industry. Wall Street Journal reporter Damian Paletta talks with Kai Ryssdal about whether it will work.

Economics Editor Chris Farrell visits New York and finds business is as usual. And that, he argues, will continue to be the case, unless Washington takes action on tougher regulation.

Cleveland is a hub for the auto industry, and one of the first cities to have faced the foreclosure crisis. But the recession there has branched out to all sectors. Dan Bobkoff reports.

Many foreclosed homes are being bought and sold on the Internet. Host Tess Vigeland talks to Frank Ford, senior vice president for research and development of Neighborhood Progress in Cleveland, about the local impact of such sales.

The foreclosure crisis hit Cleveland especially hard, but the question is why? Rico Gagliano tries to find out.

For the British government, tax revenues have slumped and public spending on items like unemployment pay is soaring. This amounts to a higher debt in the U.K. than many economists were expecting. Stephen Beard reports.

The Financial Crisis Inquiry Commission is holding its first meeting. Modeled after the 9/11 Commission, the group has a $5 million budget and its findings are due in December of next year. Amy Scott reports.

Congress' Financial Crisis Inquiry Commission will soon begin investigating how the U.S. economy came close to collapse. The commission's chairman, Phil Angelides, talks with Kai Ryssdal about what he hopes to find and how it may aid regulation.

Citigroup is reportedly exploring ways to pare down the government's stake in the bank. The U.S. Treasury may help the bank by selling its Citi shares as early as next month. Amy Scott reports.