Stockholders bailed. Bargain hunters bought. And Wall Street turned into a wild roller coaster ride. Bob Moon explains to Kai Ryssdal what was driving the action and when it's going to settle down.
bob moonWall Street's crazy, crazy weekMarketplace Fri, 10/10/2008 - 11:55
Stockholders bailed. Bargain hunters bought. And Wall Street turned into a wild roller coaster ride. Bob Moon explains to Kai Ryssdal what was driving the action and when it's going to settle down. Interbank lending rates spikeMarketplace Tue, 09/30/2008 - 13:29
As the markets work to sort themselves out in the wake of the bailout plan's demise, the rates banks charge each other to borrow have risen to an all-time high. Fear spread like a fire through marketsMarketplace Mon, 09/29/2008 - 13:39
A lot of investors thought the stock market was just too risky a place for their money. So stocks made a record drop. Bailout bill gets tangled up in viewsMarketplace Fri, 09/26/2008 - 17:02
Whenever a big package makes its way through Congress, it inevitably gets bigger. Items get added. New proposals are proposed. Crisis scenario might make us all gulpMarketplace Wed, 09/24/2008 - 16:34
We still don't know what Treasury Secretary Henry Paulson and Fed Chairman Ben Bernanke told Congress last week that got lawmakers so scared. How do taxpayers get a fair price?Marketplace Tue, 09/23/2008 - 15:45
How will the architects of the new rescue plan make sure we, as taxpayers, get a fair price? That's what lawmakers on Capitol Hill were asking today. Governments put limits on short sellingMarketplace Thu, 09/18/2008 - 16:47
The SEC has toughened rules on short selling, the British government has banned shorting of financial firms, and New York's attorney general has launched an investigation into the shorting of financial stocks. Following markets' dramatic turnsMarketplace Wed, 09/17/2008 - 15:03
In the year-and-a-half since Fed Chairman Ben Bernanke said the credit crisis would be contained, the markets have kept a mostly cautious stance. Few signals given before sudden turnsMarketplace Wed, 09/17/2008 - 15:03
In the year-and-a-half since Fed Chairman Ben Bernanke said the credit crisis would be contained, the markets have kept a mostly cautious stance. Big firms' failures aren't the last of itMarketplace Mon, 09/15/2008 - 15:55
In the last 48 hours, Lehman Brothers has announced it's set to file Chapter 11 bankruptcy, and Merrill Lynch has been snapped up by Bank of America. |