Marketplace Morning Report for Sept. 10, 2008

Episode Description 
Marketplace Morning Report for Sept. 10, 2008

Lehman plans to unload assets

Fire sale at Lehman Brothers. The struggling bank will spin off its commercial mortgages as part of a plan to keep itself afloat. Lehman has lost nearly $4 billion in the fourth quarter. Janet Babin has more.
Posted In: Economy, Wall Street

What prompted OPEC's production cut?

OPEC ministers surprised many oil experts who expected the cartel would keep production levels the same. Host Scott Jagow asks a reporter from the Financial Times why OPEC decided to cut them.
Posted In: Economy, Oil

East Europe attracting U.S. companies

Azerbaijan, Albania and Belarus are among countries rated high for regulatory reforms that are favorable to American corporations looking to get away from U.S. rules. John Dimsdale reports.
Posted In: Jobs, Russia

OPEC opts to cut production

The oil cartel meeting in Vienna ended with a surprise decision to lower output now that prices are falling. Not everyone sees the decision as a permanent one. Megan Williams has more.
Posted In: Economy, Oil

Trouble with that virtual fence

Problems have plagued the project to install video cameras, sensors, radar and night vision equipment to create a virtual fence that would discourage Mexicans from crossing the border into the U.S. illegally. Steve Henn reports.

Alabama county facing bankruptcy

Jefferson County, Alabama, has already missed several bond payments for a sewer project. No one really wants the county to go down, though. Tanya Ott reports on the situation.
Posted In: Economy

Foreclosure help scams are on the rise

Scammers prey on desperate homeowners who have missed mortgage payments, offering to help save the home from foreclosure. Alisa Roth reports on how the fraud works and talks to a homeowner victim.
Posted In: Housing

Should government help car makers?

Car makers are looking for government-sponsored loans so they can retool their assembly lines for fuel-efficient cars. Just don't call what they want a bailout. Commentator Will Wilkinson has more.

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