Marketplace Morning Report for Friday, December 11, 2009

Episode Description 
Marketplace Morning Report for Friday, December 11, 2009

What's next for CIT after bankruptcy?

CIT Group emerged from bankruptcy this week, a move which took the lending giant less than two months to pull off. But this doesn't necessarily mean the financial firm has a clean bill of health. Amy Scott reports.
Posted In: Investing

House bill won't save all GM dealerships

The latest House spending bill passed includes a measure to help the 2,000 or so dealerships being closed by GM and Chrysler. But the legislation only leaves room for a modest number of dealers to get help. Brett Neely reports.
Posted In: Auto

Marketplace Minute with Bill Radke 12/11

Watch Marketplace Morning Report host Bill Radke cram all the week's business news into a 60-second poem. This week: Goldman Sachs drops its bonuses, AOL issues stock, spooky CO2, Greece's credit rating drops and TARP is extended.

Expected discounts may hurt retailers

The volume of promotions and discounts this season has overwhelmed the retail industry, but consumers have grown to expect robust sales. Jeff Tyler explains why this might be bad strategy for stores.

Is China's strong output a good sign?

Chinese factories put out 19 percent more stuff like steel, coal and cars this November than they did last November. But Chinese consumer prices continued to decline. Scott Tong gauges the effects of Chinese production on its economy.

What's Congress's plan to push jobs?

The White House is focused on getting Americans back to work, and Congress have its own plan. Steve Chiotakis gets a breakdown and some Capitol Hill perspective from former Labor Secretary Robert Reich.
Posted In: Jobs

Copenhagen rifts widen

Developing nations at the U.N. Climate Change Conference in Copenhagen have accused the U.S. of endangering the world by refusing to give them more cash to fight global warming. Stephen Beard reports.

Feinberg setting new limits for exec pay

Today Pay Czar Kenneth Feinberg will announce a new set of pay restrictions for top executives at six big financial firms. Steve Chiotakis talks to Marketplace's Ashley Milne-Tyte about who this will affect the most.
Posted In: Economy

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