The Pension Benefit Guaranty Corp. faces rising deficits. A big bankruptcy could swamp it.
Some firms, including Morgan Stanley, race to prove they can fund themselves by turning to private investors.
'Stress tests' reveal that banks need to raise more than $65 billion to be able to keep lending if the recession drags on.
The tests will be the first clear look at which banks are doing better than others, for example, but they won't be the last word.