Fallout: The Financial Crisis
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Weekly Wrap: Banks' stress test results
May 8, 2009
Reaction to the banks' stress test results wasn't as gloomy as some predicted. Kai Ryssdal speaks with ClusterStock.com's John Carney and the Wall Street Journal's Heidi Moore about the fallout from those tests.
Why the pace of layoffs has slowed
May 8, 2009
Last month's unemployment numbers are out, and they're not as bad as some experts expected. But half a million layoffs is still a whole lot of people. John Dimsdale reports.
Bank of England bonds a sign of trouble
May 8, 2009
The Bank of England plans to buy an additional $120 billion in bonds on top of the $70 billion already established for the same purpose. The move is an effort to pump cash into the economy, and some call it a desperate last throw. Stephen Beard reports.
Small banks also facing big stress
May 8, 2009
Thousands of small banks across the country are susceptible to financial fallout. What can be done to help them? Jennifer Collins looks into a few different strategies, one of which could be bailout in the future.
Banks map different routes to capital
May 8, 2009
Stress test results are in, and some banks are doing better than others. While American Express is ready to pay back its TARP funds, Bank of America needs to come up with nearly $34 billion of capital. Tamara Keith reports.
Who's hurt by long-term unemployment
May 7, 2009
A new report shows that specific groups are being hit the hardest by long-term unemployment in this recession. Sarah Gardner reports.
Casino struggles shift Tunica's fortunes
by
Jeff Tyler
May 7, 2009
Tunica, Miss., was the poorest county in the nation twenty years ago. That changed when casinos came to town and brought thousands of jobs. But the recession is hitting the casino business hard. Jeff Tyler reports.
For public good, not for profit.
Why Costco's sales have dropped
by
Janet Babin
May 7, 2009
Wholesale retailer Costco said its net sales fell more than expected in April. Janet Babin explains why.
Let some big banks fail!
May 7, 2009
There is lots of talk about what should happen now that the stress test results are out. Commentator Dean Baker says one thing we should consider is letting some of the big banks fail.
Analyzing the banks' stress test results
by
Amy Scott
May 7, 2009
The stress test results are now officially public. New York bureau chief Amy Scott talks with Tess Vigeland about the new information we learned and what the results tell us about the health of the banking industry.