Marketplace Morning Report for Friday, February 17, 2012
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Ford CEO Alan Mulally discusses the driving forces behind his company's turnaround and what makes Michigan unique. From Detroit to down South, where reality TV producers are mining the stories of rural folks. Food companies grapple with higher ingredient costs. Rising gas prices are likely to eat all of the payroll tax break. Britain and France are set to sign a nuclear energy deal. And hidden taxpayer costs in the mortgage settlement are emerging.
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Posted In: mortgage settlement, Housing, foreclosures
A report says U.S. taxpayers may end up on the losing side of the multi-billion-dollar housing settlement between banks and states. Former TARP Inspector General Neil Barofsky explains how we may be bailing out big banks again.
What's the driving force behind Ford's turnaround? CEO Alan Mulally discusses from Detroit. Down South, reality TV is looking for new voices in the backwoods. Prices are rising -- for both food ingredients and gas. Britain and France are set to sign a nuclear energy deal. Whitney Houston's estate isn't making much money from all those "I Will Always Love You" plays. We explain why. Plus, what does the spectrum auction mean? And are taxpayers bailing out the banks again?
Posted In: School, Michigan
In suburban Detroit, there's a speed limit sign telling drivers to slow down to 25 mph on school days -- but it's a little different than the signs you might be used to seeing in your neighborhood.