Concerns Mount That Euro Debt Crisis Is Now Banking Crisis04:39
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A woman walks by the Dexia corporate headquarters in Brussels. France and Belgium were fighting to prevent Dexia from going under as investors grew increasingly worried over its ability to survive a renewed credit crunch. (AP)
A woman walks by the Dexia corporate headquarters in Brussels. France and Belgium were fighting to prevent Dexia from going under as investors grew increasingly worried over its ability to survive a renewed credit crunch. (AP)

Dexia, which specializes in lending to governments, including here in the U.S., is heavily invested in government bonds whose value is now in doubt.

Would a collapse of Dexia spark another global financial crisis like the collapse of Lehman Brothers in 2008?

Guest:

  • Howard Schneider, international economics reporter for the Washington Post

This segment aired on October 5, 2011.

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