06/14/06
Marketplace AM for June 14, 2006
Episode Description:
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Hurricane relief fraud
Today Congress looks at an audit that found massive abuse of FEMA relief money. As much $1.4 billion — or 16% — of the money was spent on things like tropical vacations, football tickets, even a sex change.
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Underdogs of war
Iraqi interpreters work with foreign troops and media at great personal risk. About 5,000 fill that vital role for the US military. Ben Gilbert visited a base outside Ramadi to talk to some of them about their jobs.
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Wanted: Office spouse
Spend more time with your co-workers than your family? Commentator Lucy Kellaway recommends an office spouse. As she searches for her new workplace beau, she offers up these tips and warnings.
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Airbus shares plummet
Shares for European airplane maker Airbus fell sharply today. Driving the nosedive was news of yet another delay in the delivery of its A-380 super jumbo jet. From London, Stephen Beard reports.
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Northwest flight attendants hold out
A bankruptcy court has given the thumbs-up to deals Northwest Airlines struck with pilots, baggage handlers and ground workers. But there's still no agreement with one important group of workers. Stacey Vanek-Smith reports.
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'Specialists' on trial
Two traders who specialize in creating markets for underperforming stocks on the New York Stock Exchange go on trial today for allegedly cheating investors. Alisa Roth reports.
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Mattel, Cartoon Network hook up
Toymaker Mattel hopes a new licensing and merchandizing deal with the kids cable network will boost slumping revenue. Lisa Napoli reports.
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Freezing US assets tied to Iran
The Treasury Department yesterday froze the US assets of four companies who do business with Iran. Ashley Milne-Tyte reports.
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AMA wants to slash sodium levels
The American Medical Association yesterday urged restaurants and food manufactures to cut their use of salt in half to help prevent high blood pressure and heart disease. Helen Palmer reports.
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One-second advertising
Broadcasting giant Clear Channel is considering a new format for radio advertising called blinks. Will one-second ad spots work? Shia Levitt has more.
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