Sep 15th, 2008 · U.S. stock prices are down sharply as investors digest the news of another major financial collapse on Wall Street. This weekend, the government decided not to help rescue Lehman Brothers, as it did Bear Stearns, Fannie Mae and Freddie Mac. As a result, it has filed for bankruptcy. Also Sunday, Merrill Lynch agreed to sell itself to Bank of America rather than suffer the same fate.
Sep 13th, 2008 · The government stepped in to help Bear Stearns and recently orchestrated a takeover of Fannie Mae and Freddie Mac. How far will the government go to rescue other firms like Lehman Brothers? Business journalist Joe Nocera talks with host Scott Simon about the moral and practical hazards.
Sep 12th, 2008 · Lehman Brothers is looking to sell all or part of its company in an effort to stay alive on Wall Street. Here, a look at whether the government's role in assisting the troubled investment bank mirrors its involvement in the Bear Stearns bailout.
Jun 27th, 2008 · A week after two hedge fund managers were arrested in connection with the subprime mortgage meltdown, federal prosecutors may add to the indictments against the former Bear Stearns financiers. Investigators are trying to determine whether the men misled banks including Merrill Lynch, Barclays and Bank of America.
Jun 26th, 2008 · The FBI counts on e-mails to make the first Wall Street arrests related to the subprime mortgage fraud crisis. But critics wonder how strong the case really is and whether Bear Stearns' failure made it an easy target.
Jun 24th, 2008 · Wall Street is still reeling from the arrests of two former Bear Stearns executives last week on charges of securities fraud. They are the first mid-level managers to be brought up on charges stemming from the mortgage and credit meltdown. Money coach Alvin Hall talks about the case, and what this means for the government and for investors.
Jun 20th, 2008 · The FBI says it has arrested more than 400 people in the last three months on charges related to mortgage fraud. Agents have arrested real estate agents and others. On Thursday, the FBI arrested two Bear Stearns investment fund managers.
Jun 20th, 2008 · Government officials say the case against two former Bear Stearns hedge fund managers is vital: It will be a litmus test of whether they can prosecute Wall Street executives for some of the improprieties that took place during the mortgage meltdown.