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The Dollar Under Assault


Why the U.S. currency could fall out of favor as the world's choice for stashing its reserves in this video edition of The Business Week

China and Russia, among other countries, are starting to look for alternatives to dollar-denominated instruments for their cash hoards. This could be troublesome news for the U.S. economy and Americans' standard of living. Washington correspondent Steve LeVine discusses the consequences of a potential move away from the dollar as the world's reserve currency. Plus, how banks that have received permission to return bailout money could harm the economic recovery, and why some plaintiffs' lawyers are worried about Chrysler's emergence from bankruptcy.

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