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Buried in debt

Debt wasn't always the enemy

The subprime mortgage debacle has given debt a bad rap lately. But there was a time when borrowing money helped establish a strong middle class. Stephen Smith reports. (06/29/2009)

Summer school student

Changes afoot for student loans

Income-based repayment for student loans begins July 1, meaning many borrowers will be able to lower their monthly payments. Tess Vigeland talks to Lauren Asher of the Project on Student Debt about changes to the loan process. (06/26/2009)

The U.S. Treasury building

Where U.S. borrowing could tailspin

The U.S. has had to do a lot of borrowing to pay for its programs, and IOUs are stacking up. But so much government borrowing is pushing interest rates up higher. Bob Moon explores where borrowing and lending could become unbalanced. (06/19/2009)

The main entrance of Standford Bank headquarters

Stanford taken in on Ponzi allegations

A grand jury in Houston unseals an indictment today for Texas billionaire Allen Stanford, who surrendered to the FBI yesterday. The SEC accused Stanford of running an $8 billion Ponzi scheme through his bank in Antigua. Steve Henn reports. (06/19/2009)

Hands together on the sand

Need credit? Ask your community

Working around unavailable credit, Mexican communities developed a system called tanda to borrow money from their community. Dan Grech explains tanda rules and explores its benefits and pitfalls. (06/18/2009)

Where did target-date funds fail?

Even though Target-date funds are considered a safer investment vehicle for retirement, these nest-eggs still lost much of their value when the economy tanked. Federal regulators are looking into why. Bob Moon reports. (06/18/2009)

Low-income lenders can't meet demand

CDFIs are like banks that do risky lending to low-income people that other banks won't, and their services are needed now more than ever. The institutions will be getting help from the stimulus soon, but can't lend to everyone. Tamara Keith reports. (06/17/2009)

Investor knits at Beijing securities exchange

'Buy Chinese' not working for the E.U.

China just imposed a "Buy Chinese" policy on its economic stimulus package as demand for its exports remains in decline. But the E.U. is upset with the move, saying it sends the wrong signal. Stephen Beard reports. (06/17/2009)

Bank of America CEO Kenneth Lewis

Exploring what really broke B of A

A new Frontline documentary airing tonight tells the tale of Bank of America's rise to its ill-fated takeover of Merrill Lynch. Bill Radke gets the bigger picture from producer Mike Kirk of "Breaking the Bank." (06/16/2009)

Allan Sloan is a senior editor-at-large at Fortune

Home builder confidence up too high?

The National Association of Home Builders housing market index comes out later today, and many think it can be too optimistic. Fortune Magazine's Allan Sloan talks to Steve Chiotakis about where he thinks the housing market is. (06/15/2009)

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