Special Coverage
America in financial crisis
Tracking economic upheaval in the US and instability on Wall Street
Talk about the crisis
- The Root of the Financial Tsunami and A Solution: Banks Unleashed, OTC Derivatives, Phantom Money and Deregulation. - The thinking of Old and gray on the Financial Crisis
(733 messages)
- Standard & Poor's has given warning that nearly all of the world's big banks lack sufficient capital to cover trading and investment exposure, risking further downgrades over the next 18 months unless they move swiftly to beef up their defences.
(3 messages)
- AMERICA NEEDS OUR HELP, MT BOARD POSTERS...
(10 messages)
- What Concessions Might Be Made in Order to Let China Float the Yuan - "Yra Harris Shares His Wisdom"
(3 messages)
- The Great Disconnect Between Stocks and Jobs- "stupid is as stupid does"
(29 messages)
MSN Money poll
- Do you think we've seen the worst the recession has to offer?
- Yes.
28% - No.
72%
- Yes.
- Do you think the markets have bottomed?
- Yes.
36% - No.
64%
- Yes.
- What do you think poses the biggest threat to our economy?
- Falling housing prices.
5% - Inflation.
13% - Job losses.
50% - Lack of credit.
6% - Stock market upheaval.
4% - Taxes.
14% - Other.
8%
- Falling housing prices.

Painful fix for the credit crisis
Splitting the debt insurers in two -- an idea the banks hate -- would be drastic medicine, says MSN Money's Jim Jubak. But for the financial markets, it's the only quick antidote available.
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| Currency | US Dollar |
|---|---|
| British Pound to US Dollar | 1.658925 |
| Euro to US Dollar | 1.498127 |
| Japanese Yen to US Dollar | 0.011305 |
| Canadian Dollar to US Dollar | 0.945537 |
News on Bank of America, Citigroup and General Motors
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