Marketplace Morning Report for Monday, May 3, 2010

Episode Description 
Marketplace Morning Report for Monday, May 3, 2010

Oil spill could darken economy

Experts are estimating the damages of the BP oil spill will cost upwards of the tens of billions. This could throw a cog in the U.S. economic recovery. Steve Chiotakis gets an in-depth analysis from David Kotok of Cumberland Advisors.
Posted In: Oil

Deeper into financial reform legislation

Fortune Magazine's Allan Sloan talks to Steve Chiotakis about some of his ideas for financial reform.
Posted In: Wall Street

Bailout averts Greece default for now

Between International Monetary Fund and help from other European countries, Greece's rescue package will come to around $146 billion in loans. But the country still has to make serious changes. Steve Chiotakis talks to Marketplace's Stephen Beard.

Senators, Wall St. head to fundraiser

New York Senator Kirsten Gillibrand and others up for re-election will be heading to a New York fundraiser attended by a lot of Wall Street names. Jeremy Hobson reports.
Posted In: Wall Street

United, Continental officially merging

The merger of the two carriers will create the world's largest airline in a deal worth over $3 billion. Brett Neely reports.
Posted In: Airlines, Mergers and Acquisitions

Beijing enforces one home per family

In an effort to curb the runaway property market, families in Beijing are now only allowed to own one home. The rule targets wealthy Chinese home flippers and tweaks the homebuying process. Scott Tong reports.
Posted In: Housing

Financial reformers go anti-bank

The Senate visits financial reform this week, and some reformers are justifying calls for a radical restructuring of the nation's banking system by using anti-bank sentiment. John Dimsdale reports.
Posted In: Investing, Wall Street
 

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