Marketplace Morning Report for Monday, January 28, 2008

Episode Description 
Marketplace Morning Report for Monday, January 28, 2008

Under dry sky, Aussies turn to the sea

With climate change reducing reliable rainfall in Australia, many cities are tapping the ocean as a water source. And they're trying to do it without making a bad problem worse. Nate Dimeo reports. First in a series.

What to do about the economy?

What do Americans want to hear from tonight's State of the Union address? Steve Henn surveyed commuters near the White House this morning and asked their views on the economy and President Bush's stimulus package.
Posted In: Economy

Gold mines shut down, prices go up

Power outages in South Africa are causing gold mine shutdowns nationwide, which is raising gold's cost. Each day without steady power is costing the country's mining industry $27 million. Gretchen Wilson reports.

Defense says SocGen trader scapegoat

Prosecutors of Jerome Kerviel say the Societe General trader could face fraud charges, but Kerviel's defense claims the bank used him as a way to divert attention away from subprime issues. Stephen Beard reports.
Posted In: Crime

A way not to drive Manhattan mad

New York Mayor Michael Bloomberg's plan to charge a fee to drive through Midtown Manhattan quickly divided the city. This week, the state's recommendations for an alternative come in. Ashley Milne-Tyte reports.
Posted In: Travel

Corporate go-go days have gone

The Harrah's casino deal is just one example of how the current market is affecting corporate deals. Stacey Vanek-Smith reports these continued slow-goings could ultimately slow down the economy.
Posted In: Investing

Too late for the Fed to go back now

Many on Wall Street are expecting to see The Fed cut interest rates again this week, but some economists say there might be no cut at all. Bob Moon reports either way, it'll be tough for the Fed to unsend last week's message.
Posted In: Economy, Wall Street

Buffett gets into bond insurance

While Wall Street is being asked to chip in billions to help bond insurers keep their credit rating, Warren Buffett is jumping fresh into the game. Fortune's Allan Sloan looks into Buffett's latest move with Scott Jagow.

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Martin & Wood Medeski
Boss on the Boat

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