Marketplace Morning Report for Monday, June 8, 2009

Episode Description 
Marketplace Morning Report for Monday, June 8, 2009

Job creation in focus for recovery

President Obama is promising to deliver 600,000 jobs through his economic recovery plan. Steve Chiotakis talks to Ashley Milne-Tyte about what kinds of jobs this would entail and how stimulus spending affects job creation.

The easy money has already been made

Steve Chiotakis checks out the markets and TARP payback's psychological effects on the financial system with Sam Stovall, Chief Investment Strategist at S&P Equity Research in New York.
Posted In: Wall Street

Economic skeptics rule E.U. polls

Voting wrapped up over the weekend for the European Parliament, and the biggest winners amongst the were the parties of the center right. Christopher Werth explains the role the economy played in the election.

Surgery with a fiscal guarantee

Congress is looking for ways to cut health care costs without hurting the quality of care. One role model could be Geisinger's hospital in Wilkes-Barre, Penn., where surgeons guarantee a successful surgery or eat the extra cost. Joel Rose reports.
Posted In: Health

Apple without Jobs is still sweet

Apple's shares plunged earlier in the year when CEO Steve Jobs went on medical leave, but now the company is doing just fine. Stacey Vanek-Smith explores why the company is no longer so tied to its longtime leader.
Posted In: Science

Why TARP payback may be bad idea

Today, the Treasury Dept will announce which banks get to pay back TARP. But some analysts worry that if regulators let weaker banks try to walk on their own, taxpayers could end up bailing them out again. Steve Henn reports.
Posted In: Investing

More details on stimulus spending

President Obama and Vice President Biden are meeting with members of the Cabinet to lay out specific goals for how to spend stimulus money during the next several months. Ashley Milne-Tyte reports.

Fed explores the big fracking deal

The oil drilling technique known as hydraulic fracturing, or "fracking," is under federal scrutiny this week. The oil industry says reversing the process could add big fees and hinder exploration. Sam Eaton reports.
Posted In: Oil

The changing face of TARP

TARP started off as a way to buy away toxic bank assets that could have hurt the financial system, but it turned into a massive bailout. Fortune Magazine's Allan Sloan tells Steve Chiotakis the program needed the tweaking.

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