Banks Step Up to Rescue Credit Market

  • Playlist
  • Download
  • Embed
    Embed <iframe src="http://www.npr.org/player/embed/15298794/15298739" width="100%" height="290" frameborder="0" scrolling="no">
  • Transcript

On Monday, the nation's three largest banks said they would invest up to $80 billion to get the debt market back on its feet. That market came to a screeching halt this summer as part of the credit gridlock that spun out of the subprime mortgage crisis.

Related NPR Stories

Comments

 

Please keep your community civil. All comments must follow the NPR.org Community rules and terms of use, and will be moderated prior to posting. NPR reserves the right to use the comments we receive, in whole or in part, and to use the commenter's name and location, in any medium. See also the Terms of Use, Privacy Policy and Community FAQ.