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How bad are things at Fannie Mae?

| Aug 10, 2005
Fannie Mae is in some deep financial trouble — although it is one of our underwriters — but it doesn't know exactly how much. After the bell Tuesday the company said it won't finish its earnings restatement until late next year. Dawn Kopecki from Dow Jones Newswires and the Wall Street Journal talks to host Kai Rysdall about what happend with a call with Fannie Mae's CEO this morning.

The Public's Business: Reich on John Roberts

| Aug 10, 2005
Supreme Court nominee John Roberts has been making more rounds on Capitol Hill this week. Yesterday Oregon senator Ron Wyden said he was hopeful Roberts would reject congressional intervention in end-of-life situations; others — like RObert Reich — wonder whether he'll reject federal intervention in economic decisions, too.

Sri Lanka: Rebuilding, but in debt

| Aug 10, 2005
The island country of Sri Lanka suffered heavy damages in last December's tsunami. Aid pledges for the region came to about $2 billion. But politics and bureaucracy have kept that money from those most in need. Miranda Kennedy reports.
Posted In: Canada

When is ice cream not ice cream?

| Aug 10, 2005
When the Food and Drug Administration says it isn't. But what the FDA says may change soon, thanks to a proposal that will make it easier to relax food standards. Gretchen Cook has more.

Take a ride in the fast lane

| Aug 10, 2005
Want to ride in the carpool lane, but don't have a companion? Buy a hybrid car — it's a provision that's in the new highway bill the President will sign today. Marketplace's Scott Tong reports.

A break for artists?

| Aug 10, 2005
Right now, when art collectors donate works to museums, they can claim a charitable deduction — but an artist cannot. Congress is thinking about giving them such a break. From Iowa Public Radio, Joyce Russell reports.

When Bambi looks a little pork-y

| Aug 10, 2005
President Bush is scheduled to sign the highway bill today. Included in its $286 billion are some projects that smell of pork — say, $200,00 for a deer-avoidance system. Commentator Jeff Birnbaum has more.

Temptation and self-denial on the web

| Aug 10, 2005
Ethan Lindsey looks at a new anti-procrastination tool. Sure, you want to click, but maybe you should check your e-mail first.

Disney is still the happiest place on earth

| Aug 9, 2005
A Delaware judge ruled this afternoon the Walt Disney company and its board did nothing wrong when they gave former company President Michael Ovtiz $140 million to go away. Shareholders claimed that chairman Michael Eisner and the Disney board of directors weren't looking out for their investors as the law requires. But that's not the way the judge saw it. Jeff Tyler reports.

The rise and fall of corporate reform

| Aug 9, 2005
Securities law experts are calling the Disney decision the biggest executive compensation case in ten years. Lawyer and commentator David Skeel says today's court decision lets more than just Disney's directors off the hook.

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