bob moon

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.

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.

Marketplace Senior Business Correspondent Bob Moon reports.

A lot of investors thought the stock market was just too risky a place for their money. So stocks made a record drop.

Senior business correspondent Bob Moon has that part of this incredible day's developments.

Whenever a big package makes its way through Congress, it inevitably gets bigger. Items get added. New proposals are proposed.

And while the stakes may be higher with the financial bailout proposal, this time's no different. Bob Moon reports.

We still don't know what Treasury Secretary Henry Paulson and Fed Chairman Ben Bernanke told Congress last week that got lawmakers so scared.

But Marketplace's Bob Moon looks at how bad the worst-case scenarios could be.

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.

Bob Moon has more.

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.

Bob Moon reports on why these actions were deemed necessary.

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.

But a couple of weeks ago things changed -- and not for the better. Bob Moon reconstructs the course of events.

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.

But a couple of weeks ago things changed -- and not for the better. Bob Moon reconstructs the course of events.

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.

What's next? Bob Moon walks us through all the changes.