Marketplace AM for November 3, 2005

Episode Description 

Blowing bubbles

Finance expert Chris Farrell tells host Scott Jagow that many economists are uncomfortable with outgoing Fed Chief Alan Greenspan's laissez-faire attitude toward market bubbles.
Posted In: Economy

Where will the Saints go marching in?

Sports business consultant David Carter discusses the future of the hurricane-displaced New Orleans Saints football team with host Lisa Napoli.
Posted In: Health

Eid reveals consumer confidence in Baghdad

The Muslim holiday Eid begins today. It marks the end of Ramadan and is typically a time for shopping. Borzou Daragahi checks in with how Eid sales are doing in the markets of Baghdad.

Greenspan Gives Last Economic Outlook

Outgoing Fed Chief Alan Greenspan gives an update on the health of the economy Thursday to Congress' Joint Economic Committee. Janet Babin takes a look at what it's likely to contain.
Posted In: Economy

Senate to Vote on Reconciliation

The Senate on Thursday is scheduled to vote on a budget reconciliation bill that among other things would cut Medicaid, farm subsidies, and student financial aid, and open ANWR to drilling. Hillary Wicai reports.

Committee considers tax-exempt status for credit unions

For 70 years, credit unions have been exempt from taxes because they're non-profit and typically farm their earning back into low-interest loans for members. Now the House Ways and Means Committee considers whether that still makes sense. Cheryl Glaser reports.

Settlements for Biased Advice

The administrator of a $440 million restitution fund set up in the wake of a landmark Wall Street settlement for tainted and biased analyst research reports a high number of claims. Amy Scott has more.
Posted In: Wall Street

Hedge Funds Drop

Investments in hedge funds have dropped while the purchase of junk bonds has increased. What's going on? Stacey Vanek Smith reports.
Posted In: Wall Street

Good thing SUV sales are down...

The International Energy Agency says oil prices could be much higher in a couple decades. Unless... Middle East countries start spending billions on new production. From London, Stephen Beard reports.

That's a lot of yen.

In China, the rich are getting richer. It took $125 million to make the new Forbes list of the 200 wealthiest Chinese. So who are these people making big bread in a communist country? Jocelyn Ford reports from Beijing.

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