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Marketplace Money for Friday, January 13, 2011
Jan 13, 2012

Marketplace Money for Friday, January 13, 2011

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The Consumer Financial Protection Bureau has a new chief. His job is to help protect you from bad financial products.
But he also wants you to protect yourself. Richard Cordray discusses his top priorities for the CFPB. Plus, Suze Orman's got a new TV show and a controversial new prepaid debit card. She explains why she launched the card and what legacy she hopes to leave before she retires. We take a look at the truth behind 2011's retail numbers. And what if the economy just got one big do-over? A proposal for stemming the tide of red ink.

Segments From this episode

End of a long, dry spell

Jan 13, 2012
This week's Marketplace Piggy is headed to Livingston, Mont., where James Willish, 35, is working again after 44 months of unemployment.

Suze debuts new show, new card

Jan 13, 2012
Financial adviser Suze Orman rolled out a new TV show and debit card this week. She discusses the controversial new card and why it could be her swan song.
Suze Orman speaking at the National Press Club.
KAREN BLEIER/AFP/Getty Images

JPMorgan Chase slows debt collection

Jan 13, 2012
The American Banker says that JPMorgan Chase appears to be backing off efforts to collect unpaid credit card debt from its customers. They're not forgiving the debt, but they've quietly stopped going after it.
The JPMorgan Chase building in New York City.
Chris Hondros/Getty Images

Getting Personal: Underwater - should you swim away?

Jan 13, 2012
L.A. Times consumer columnist David Lazarus joins Tess to answer questions about debt mediation services and how to cope with the bank when your home is underwater.
Justin Sullivan/Getty Images

Letters: Saving as much as you can

Jan 13, 2012
Tess Vigeland and senior producer Paddy Hirsch go through the Marketplace Money mailbag.
Let us know what you think about the show. Contact us!
Mark Wilson/Getty Images

Cordray's plans for the CFPB

Jan 13, 2012
Richard Cordray, chief of the Consumer Financial Protection Bureau, discusses what powers he'll have and how he plans to use them.
New Consumer Financial Protection Bureau Director Richard Cordray discusses the top three priorities for his agency.
Saul Loeb/AFP/Getty Images

How's about a do-over on all that debt?

Jan 13, 2012
Comedian Tim Bedore likes the concept of debt forgiveness. And he has some ideas about how to make us swallow it.

Week in review: Consumers are spending again!

Jan 13, 2012
The numbers are in and -- economic downturn or not -- 2011 was the best retail sales year ever! So what's behind that surprising data?

The Consumer Financial Protection Bureau has a new chief. His job is to help protect you from bad financial products.
But he also wants you to protect yourself. Richard Cordray discusses his top priorities for the CFPB. Plus, Suze Orman’s got a new TV show and a controversial new prepaid debit card. She explains why she launched the card and what legacy she hopes to leave before she retires. We take a look at the truth behind 2011’s retail numbers. And what if the economy just got one big do-over? A proposal for stemming the tide of red ink.