Marketplace Morning Report for April 17, 2008

Episode Description 
Marketplace Morning Report for April 17, 2008
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Jail unlikely for indicted Samsung exec

Samsung CEO Lee Kun-Hee is a very powerful man in South Korea. So powerful that, although he has been indicted on tax evasion charges, he is not likely to face jail, if convicted. Jeremy Hobson reports.
Posted In: Crime
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Does FAA need to fix inspections?

The FAA is working on improving the way it deals with airline safety. One thing it's tackling is how to ensure airlines are complying with safety directives, while trying to avoid cancellation chaos. Ashley Milne-Tyte reports.
Posted In: Travel
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Commercial banks feeling crunch too

Merrill Lynch reported $6 billion new write-offs for the first quarter, and the brokerage says it will have to cut 4,000 jobs. Analyst Tanya Azarch talks about the bigger picture for investment and commercial banks.
Posted In: Economy, Wall Street
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Congress takes up student loans

The House was expected to pass legislation today aimed at stabilizing and expanding the federally guaranteed student loan market. Steve Henn reports.
Posted In: Education
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Farm bill delayed as food costs soar

Congress has put off a farm bill for two weeks, after it couldn't agree on how to pay its $280 billion price tag. Beyond the cost, there's the issue of subsidies leading to more political liability as food prices keep rising. Sam Eaton reports.
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Lust for oil soaring outside U.S.

Oil prices have topped another record. U.S. crude was fetching well over $115 a barrel in London this morning. As Stephen Beard reports, speculation and uncertainty about supply lines have hedge funds placing bets.
Posted In: Science
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Many miss benefits of free trade

President Bush wants to fast-track a free trade agreement with Colombia, but Democrats on Capitol Hill are objecting. Marketplace's economics correspondent Chris Farrell weighs in on the debate.
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Lost luggage? You aren't alone

About 42 million pieces of luggage that passengers checked with airlines last year were lost -- affecting one in 2,000 flyers, according to a new study. Alisa Roth reports.
Posted In: Travel
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Arms may be headed to Zimbabwe

Zimbabwe election results remain under wraps, but today a new twist in the troubled nation's saga: South African officials confirm a Chinese ship carrying arms has been cleared through South African customs. Gretchen Wilson reports.

Music from this show

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Jet Airliner
The Steve Miller Band
Only This Moment (Röyksopps Hissige)
Röyksopp
J'ai Dormi Sous L'eau
Air

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