How are investors in the Asia Pacific region handling the global financial turmoil?

European nations are scrambling to stem the wave of bank failures across the continent.

Wall Street was badly shaken Sunday by the failure of Lehman Brothers, the takeover of Merrill Lynch and big asset sales by AIG.

It's official -- Lehman Brothers files for bankruptcy protection.  But the Chapter 11 filing will not include its broker-dealer operations or the Neuberger Berman unit.

The US Government seizes control of the two mortgage finance companies, launching what could be its biggest federal bailout ever, as the credit crunch claims two more corporate victims.

JPMorgan Chase said it would buy stricken rival Bear Stearns for just $2 a share in an all-stock deal that values the U.S. investment bank at about $236 million.

Stock markets around the globe suffered dramatically during the week ending October 10th but how bad was it really? Here are the numbers.

The US government has taken a number of dramatic steps—both conventional and extraordinary—to try to remedy the problem. Take a look at what's been done.

Take a look at the failures of 2008 as measured by total assets and the cost to the FDIC’s deposit insurance fund.

Hasty takeovers, government bailouts, bankruptcy filings, CEO ousters and lots of interest rate cuts. Click ahead for the big events of the big bust.

Lehman Brothers' bankruptcy protection filing is the largest in history, dwarfing all others. Take a look at the ten biggest corporate filings in US bankruptcy court.