07/16/07
Marketplace AM for July 16, 2007
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Fannie Mae exec wants his bonus back
Former Fannie Mae chairman Franklin Raines is one of several past execs seeking compensation from the company. He's suing to recover millions of dollars in stock payouts that a federal agency has put a hold on. Ashley Milne-Tyte reports.
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Fighting fraud in lending
The subprime mortgage crisis has focused government scrutiny on lenders who cross the legal line. Now federal and state officials have turned up the heat on all sorts of unsavory lending practices. Steve Tripoli reports.
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Digital conversations and temptations
Fortune's Allan Sloan shares some advice for all the financial big hitters considering joining the world of Internet forums and chat: 1. Don't hide under a pseudonym. 2. Remember that the world is bigger than your keyboard and monitor.
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High times in the U.S. labor pool
A survey finds at least one in 12 workers used illicit drugs every month. But one expert says marijuana isn't the biggest danger to health and safety. It's abuse of prescription drugs. Janet Babin reports.
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Internet radio lives to play another day
The recording industry has made some major concessions that will allow webcasters to stay in business while the two sides try to hammer out an agreement on royalty rates. Pandora's Tim Westergren says it's a win for musicians and listeners.
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Volvo for sale?
Ford says it ain't so, but there's word this morning that the company's putting Volvo on the auction block along with Jaguar and Land Rover. All those luxury foreign brands have cost car maker $5 billion over the last few years. Stephen Beard reports.
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Massachusetts health plan check up
Universal health coverage will be one of the top issues in the '08 election, so the Massachusetts experiment to require it is getting lots of scrutiny. Two weeks in and people have been signing up by the thousands. But who are they? Helen Palmer has more.
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China turns table on unsafe food claims
Late last week, China banned imports from major U.S. food suppliers. The companies say the Chinese government is just lashing out and trying to create the impression that dangerous food is everywhere to take the focus off its products. Scott Tong reports.
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Industry's future hinges on UAW deal
The United Auto workers will begin hashing out its next contract with the Big Three automakers this Friday, and many are predicting the outcome will be a make-or-break moment for the future of the U.S. auto industry. Sam Eaton reports.
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