05/22/09
Marketplace Morning Report for Friday, May 22, 2009
Episode Description:
Marketplace Morning Report for Friday, May 22, 2009
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0
A thaw in the lending freeze?
Steve Chiotakis talks about BankUnited and a potential thaw in the lending freeze with Sam Stovall, Chief Investment Strategist at S&P Equity Research in New York.
0
Smart phone war fought on smarts
Cell phone companies are unveiling new smart phones this summer -- and this time around, the battle will be won based on how smart they really are. Stacey Vanek-Smith takes notes from the trenches.
0
U.S. credit rating could be headed down
The dollar's getting hammered today amid fears the U.S. could be headed for a lower credit rating. Yesterday, Standard & Poor's lowered its outlook for the United Kingdom. Is a U.S. ratings downgrade on the way? Janet Babin reports.
2
More profitable to gamble than to steel
When Bethlehem Steel went bankrupt eight years ago, it left a legacy of empty workshops and rusting equipment. But where developers feared to tread in this Pennsylvania town, the Sands casino saw opportunity. Joel Rose reports.
0
A silver lining for British Airways
British Airways announced the worst loss in its history at $600 million, and the airline doesn't see things improving any time soon. But this could help the carrier win approval for an alliance with American Airlines. Stephen Beard reports.
27
A fair plan to make college affordable
The average college graduate today leaves school $22,000 in debt, and has job choices limited to what pays the most. Commentator Robert Reich offers a new strategy to cover the cost of education without worrying about money.
1
Drivers aren't deterred by rising gas
Gas prices may be rising steadily, but vacationers are still driven to travel this Memorial Day weekend. Jeremy Hobson reports oil prices won't get much worse, and cost per gallon may actually go down this summer.
0
BankUnited failure will cost billions
Flordia's BankUnited had $13 billion in assets, but its demise will end up costing taxpayers nearly $5 billion. The bank has been sold to investors and re-opens today under the same name. Dan Grech reports.
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