Marketplace AM for April 12, 2005

Episode Description 

Hank Greenberg and Eliot Spitzer take the stage

Hank Greenberg, deposed head of insurance giant AIG, is scheduled to testify before Eliot Spitzer and other regulators today. Greenberg was in the news yesterday for another reason, too-he stepped down from the boards of The American Museum of Natural History and the Asia Society. As Alisa Roth reports, some other institutions may be getting nervous. Elliot Spitzer has become the boogey man in the nightmares of America's corporate leaders. But commentator Matthew Bishop wonders if New York's crusading attorney general should really be the one to keep them on their toes.
Posted In: Wall Street

Tax Day - the clock is ticking

Just three more days 'til Tax Day. And folks who haven't filed yet may be in for a little surprise this year. For the first time since 1986, filers have the option of deducting sales taxes on their returns. From South Dakota Public Radio, Curt Nickisch reports. Attorney and commentator Conrad Teitell has seen taxpayers claim some odd deductions over the years. Some, he says could make you even sympathize with the IRS.
Posted In: Wall Street