Marketplace Morning Report for Friday, August 22, 2008

Episode Description 
Marketplace Morning Report for Friday, August 22, 2008

More banks settle securities probe

Three more big banks have settled a fraud probe into the sale of auction rate securities, but billions in these securities aren't covered by settlements so far. Dan Grech reports around 40 other companies remain under investigation.
Posted In: Investing

The Olympics a win for NBC

Now NBC says it's on track to turn a $100 million from the Olympic Games, which is a profit the network shouldn't take for granted. Stacey Vanek-Smith talks to Variety's Mike Speier about NBC's success.
Posted In: Sports

The winning athlete gets the sales

Puma had an excellent jump in sales thanks to Jamaican sprinter Usain Bolt, who won a gold for the 200-meter run. But other Olympic athletes have had less success selling their official products, as Scott Tong reports.
Posted In: Sports

CME Group close to acquiring NYMEX

The CME Group's acquisition of NYMEX is expected to close today. The deal will give CME Group control of 98 percent of all contracts traded on U.S. futures exchanges. Adriene Hill reports why this deal is so big.
Posted In: Mergers and Acquisitions, Wall Street

A select few will get the gold deals

The closing ceremonies for the Summer Olympics are Sunday night, and only so many winners will walk away with big-money endorsements. Bob Moon talks about the gold medal deals with sports commentator Diana Nyad.
Posted In: Sports

Oil, energy second-quarter winners

Companies are reporting their profits for the second quarter, and oil and energy have profited from high prices. But Amy Scott reports if you don't count banks and other financial companies, earnings actually improved a bit.
Posted In: Economy, Oil

Investors pull money from Russia

Foreign investors have pulled billions of dollars out of Russia in response to its invasion of Georgia. Official figures show the sharpest fall in the country's foreign currency reserves for a decade. Stephen Beard reports.
Posted In: Investing, Russia