Marketplace Morning Report for Friday, February 11, 2011

Episode Description 
Marketplace Morning Report for Friday, February 11, 2011

A history of counterfeiting U.S. money

Ben Tarnoff, author of "Moneymakers," talks about the history of counterfeiting in America and people continue to have faith in the dollar bill.

"Over the Rainbow" finds new life in Germany

Numbers of musicians have covered "Somewhere Over the Rainbow" since it first premiered in 1939, but one version is discovering new-found popularity in Germany and France.
Posted In: Entertainment

House GOP calls for $100 billion spending cut

Tea Party members got the upper hand today. The House Appropriations Committee now wants $100 billion in spending cuts over what President Obama requested for 2011.

Egypt's Hosni Mubarak resigns as president

After an 18-day wave of demonstrations, President Hosni Mubarak hands control of Egypt to the military. Egypt's economy has ground to a halt since the turmoil started over two weeks ago.

White House releases plans to wind down Fannie Mae and Freddie Mac

David Gura explains a White House report released today that outlines the future role of government in the mortgage industry.
Posted In: Housing

Chris Low: The future of Fannie and Freddie

Jeremy Hobson speaks with Chris Low, chief economist at FTN Financial, about the White House's report on Fannie Mae and Freddie Mac.
Posted In: Housing

Jill Schlesinger: Sorting out Fannie and Freddie

Steve Chiotakis speaks with Jill Schlesinger, editor at large at CBS/MoneyWatch, about the government's plans to cut its ties with mortgage corporations Fannie Mae and Freddie Mac.

U.S. Treasury looks to phase-out Fannie and Freddie

Since the government took over Fannie Mae and Freddie Mac in 2008, the mortgage corporations have cost taxpayers about $150 billion. Now, the Treasury Department is poised to announce its plans to wind down the two companies, as David Gura reports.

Protests continue in Egypt and around the Middle East

The turmoil in Egypt continues to extend beyond the country's own borders. In Jordan, citizens are protesting President Hosni Mubarak's continuation of power. And that has added more uncertainty to business. Alisa Roth reports from Amman, Jordan.

Egypt's Mubarak stays in power, businesses stay closed

Protesters remain on the streets in Egypt after President Hosni Mubarak announced he intends to stay in power for the time being. Businesses and the Egyptian stock market were supposed to open this weekend, but they are likely to remain closed.

Nokia calls for help from Microsoft

Nokia, the world's largest cell phone-maker, has joined together with software giant Microsoft to grab a larger share of the lucrative smartphone market. But as Christopher Werth explains, this union may not be enough to catch up with Apple and Google.

Music from this show

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Borderline
Madonna
The First
Imperial Teen