12/28/07
Marketplace Morning Report for Friday, December 28, 2007
Episode Description:
Marketplace Morning Report for Friday, December 28, 2007
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National ads a go for election season
Former New York Mayor Rudy Giuliani today launches one of the first national television ads of the presidential campaign season. Jill Barshay reports it's a cost-effective way for him to reach 23 key states.
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Digitizing the Boston Public Library
Boston's Public Library has landed a grant to digitize its collection of government documents, which includes an archive of the House Un-American Activities Committee hearings from the 1950's. Steve Tripoli reports.
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Pakistan's market seeks stable future
The assassination of Benazir Bhutto rippled through the Pakistani stock market. Doug Krizner talks to Jo Johnson from The Financial Times in London on the future outlook for investing there now.
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Buffett insurance means no subprime
Warren Buffett is launching a municipal bond insurance business today, taking advantage of a troubled market. Nancy Marshall Genzer reports Buffett is expected to do well by staying away from subprime.
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ING sells to Warren Buffett
Dutch bank ING is unloading its re-insurance unit to Warren Buffett's Berkshire Hathaway. Stephen Beard reports the official reason for the sale is streamlining, but analysts suspect other motives are involved.
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Foreclosures are good for someone
The slump in residential real estate is the worst in 16 years, but that's given a boost to a little-known industry called mortgage field servicers. Mhari Saito reports on the largest privately-owned property caretaker.
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The big stories on the Big Three
Negotiations between the United Auto Workers and the Big Three automakers were expected to be considerably more friendly than they became. Alisa Roth reviews the year in auto industry news with host Renita Jablonski.
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How to look at new home sale figures
When sizing up the latest new home sales figures with other key economic factors, things can get confusing. Jeremy Hobson reports how the numbers stack up against jobless claims and durable goods orders.
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