bailout plan

Weekend talks in Europe over a second bailout plan for Greece stumbled just as leaders in that country made progress on a deal to eliminate about half of the private debt it owes.

Meanwhile, a bailout might be on the way for troubled home-owners if states sign onto a settlement with the nation's largest banks over abusive foreclosure practices.

Europe's bailout plan for Greece may have calmed market fears about the future of the euro, but there is still uncertainty about the long-term outlook for the struggling currency.

A watchdog report on TARP says top officials weren't leveling with the public about the health of big banks when they pitched their bailout plan last year.

But what would have been the alternative? Steve Henn reports.

The Federal Deposit Insurance Corporation is asking Congress for a $500 billion line of credit with the U.S.

Treasury. This enormous new request could signal a change in strategy in the banking bailout. Steve Henn reports.

President Obama's housing plan will help nearly 9 million homeowners avoid foreclosure or refinance. But the plan is drawing ire from homeowners who won't be receiving any help.

Nancy Marshall Genzer reports.

Senate Republicans put the auto industry bailout plan on hold, so where do the Big Three go from here? Alisa Roth reports on the different paths the automakers can travel.

Now, the government isn't buying toxic assets from banks? What happened? If it wasn't working, why not? What about mortgages?

And taxpayers? Kai Ryssdal puts the questions to financial analyst Karen Shaw Petrou.

Kai Ryssdal talks to David Leonhardt of the New York Times and Leigh Gallagher of Forbes about Congress' decision to funnel more cash to struggling homeowners and other news from a busy week.

The Senate tinkered with the bailout plan, then passed it, then lo and behold the House passed it too. In the middle, the DOW took a dizzying fall.

Host Kai Ryssdal sums up the week as "a doozy."

The House passed the bailout plan and the Treasury wants the operation set up within weeks to instill confidence in the markets.

Washington Bureau Chief John Dimsdale explains just what that entails.