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CIT Group headquarters

CIT will work through reorganization

Despite a $2 billion bailout from Washington last year, CIT Group has succumbed to Chapter 11 bankruptcy. Mitchell Hartman reports. (11/02/2009)

GMAC Mortgage sign.

Analysts weigh in on GMAC

Critics want to know why the government won't just let GMAC fail. But some analysts worry a failure now could still have grave consequences. Bob Moon reports. (10/28/2009)

FDIC Chair Sheila Bair testifies at Senate hearing

Plan would target firms 'too big to fail'

Congressional leaders are expected to propose a plan requiring large banks, brokers and insurance companies to set aside reserves for bad times, and oblige big banks to write up something like a living will. John Dimsdale reports. (10/26/2009)

A man and woman shake hands

Investment fund focuses on women

A Swiss investment firm is launching a fund that focuses on female business expertise. Stephen Beard reports. (10/26/2009)

Wall Street's

Will the clampdown on bonuses work?

Does this government clampdown on top Wall Street executives' pay do anything to discourage the behavior that landed us in this mess to begin with? Ashley Milne-Tyte explores who's really making money for these firms. (10/22/2009)

A blank U.S. government check.

U.S. could lose its triple-A rating

A Moody's analyst said the U.S. government may soon have to downgrade its triple-A ranking, which would force the U.S. to pay higher interest rates to borrow. What does this mean for Treasury bond investors? John Dimsdale reports. (10/22/2009)

A stock trader watches a monitor at the NYSE

It helps to know the rules on Wall St.

There are always interesting things to learn about how Wall Street really works. Senior business correspondent Bob Moon talks to Kai Ryssdal about the "whisper number" and tells a story about a candy drive he had in high school. (10/21/2009)

Myrna Suarez/Getty Images

He plans a new way to rate investments

Jules Kroll made a fortune creating a firm that did in-depth research for huge Wall Street deals. Now he has plans to start a new kind of credit-rating agency that would help avoid the bubbles that lead to financial crises. Steve Henn reports. (10/19/2009)

Front cover of This Time Is Different

Is this crisis different? Not really

Why didn't more people see the current financial crisis coming? It's not the first financial meltdown the world has seen. Harvard economist Kenneth Rogoff has a new book with Carmen Reinhart that addresses that question. He talks with Kai Ryssdal. (10/19/2009)

A Bank of America branch in Pasadena, Calif.

B of A problems could be a lot worse

Although much attention has been given to the CEO of Bank of America having his salary and bonus revoked, the real news is the bank's billions of dollars in losses. Yet, while the situation looks bleak, it could be a lot worse. Alisa Roth reports. (10/16/2009)

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