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Wall Street's Shifting Landscape

The traditional business of Wall Street — selling stocks and bonds on behalf of corporations — has gone from being dominated by small partnerships based in cities across the country to massive international companies owned by even larger financial services conglomerates. As Wall Street's importance to the economy has grown, so have concerns about its downturns.

Wall Street's Shifting Landscape

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Paulson Urges Swift Approval of Bailout Legislation
Article | Treasury Secretary Henry M. Paulson Jr. today defended the escalating price tag of his plan to rescue the financial markets, saying it is unlikely that taxpayers will end up paying the full $700 billion the Bush administration is requesting to buy the troubled mortgage assets of crippled financial...
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Wall Street's Shifting Landscape
Graphic | The traditional business of Wall Street — selling stocks and bonds on behalf of corporations — has gone from being dominated by small partnerships based in cities across the country to massive international companies owned by even larger financial services conglomerates. As Wall Street's importance to the economy has grown, so have concerns about its downturns.

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