12/06/06
Marketplace AM for December 6, 2006
Episode Description:
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If it ain't broke <nobr>. . .</nobr>
Commentator Robert Reich says all this talk about Wall Street losing its competitiveness is nonsense — and that the regulations many want to kill provide the very security that attracts foreign money to U.S. markets.
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O Capitol Christmas tree
Tonight's tree lighting in Washington D.C. will feature a Pacific silver fir from Washington State — and you might not believe the production and expense that went into it. Austin Jenkins has the story.
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Fannie Mae to restate earnings
Mortgage finance company Fannie Mae will report results today for the first time since an accounting scandal erupted two years ago. Amy Scott gives us a preview.
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Retail looks for a late comeback
This holiday shopping season has gotten off to a slow start, but some analysts say retailers shouldn't count the consumer out just yet. After all, the calendar's on their side. Jeff Tyler explains.
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Open Skies outlook grows cloudy
The transportation department has nixed a plan to give foreign investors more influence over domestic airlines — a move that could wipe out EU interest in the so-called Open Skies treaty. Stephen Beard reports.
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No dot-com IPO class action suit
A federal appeals court has ruled that the nation's investment banks won't have to face a huge class-action lawsuit for manipulating IPO stock prices, which means individual investors probably just lose out. Stacey Vanek-Smith reports.
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Iraq Report released
The Iraq Study Group's much-anticipated report comes out today, offering a look at the military and political options in Iraq. Alisa Roth looks at the implications for U.S. defense spending.
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Another round of Blockbuster v. Netflix
With 25 days in the month to go, how do you reach your end-of-year subscriber goal? Poach from the competition. Lisa Napoli says, welcome to the continuing war between Blockbuster and Netflix.
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Nuclear deal needs damage control
House and Senate negotiators plan to unveil the reconciled versions of the Indian nuclear bill today, but India has been threatening not to accept the final version. Miranda Kennedy reports.
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