Fallout: The Financial Crisis

Mark-to-Market accounting rules have gotten a bit looser, allowing companies more leeway to assign market value to an asset where no market exists. But commentator Paul Kedrosky says banks shouldn't have their own pricing rules.

The Obama administration is encouraging investment companies to create bailout funds aimed at ordinary investors. So what do people think about it? Joel Rose gauges public interest in the plan.

Results from stress tests 19 big banks were subjected to will soon be released. Regulators will meet with President Obama tomorrow to discuss what they should do with the results. John Dimsdale reports.

Stocks went soaring after Wells Fargo revealed higher-than-expected profits for the first quarter. But where did they get all that money and how is the rest of the banking sector standing up to the recession? Jeremy Hobson reports.

A new academic commentary out this week says most comparisons of the economy now to The Great Depression are flawed. Renita Jablonski talks to economics correspondent Chris Farrell about what would be a more accurate barometer.

The Treasury Department is planning to allow people to invest in funds set up to buy toxic assets from banks. Steve Henn reports big Wall Street firms stand to make a killing if all goes well, but there are some risks involved.

The congressional panel in charge of overseeing TARP says it has achieved mixed results at best. Commentator Robert Reich says it's time the CEOs of the big banks that received trillions in bailout funds be held accountable.

Life insurance companies will soon be eligible for bailout money. But will life insurance firms fit under the expanding federal TARP? John Dimsdale reports.

Bond ratings agency Moody's Investors Service has some bad news for local governments looking to fill budget gaps. Amy Scott explains.

A new Dutch reality TV show is giving coworkers at an ailing business the chance to decide who gets fired at their firm. Stephen Beard explains why "Someone's Gotta Go" might have a cathartic effect in a downtrodden economy.