Sep 15, 2008

Marketplace Morning Report for September 15, 2008

Segments From this episode

No state royalties in Dem offshore plan

by Steve Henn

Sep 15, 2008

Offshore drilling is likely to come to a vote in the House this week. One difference between two of the competing measures is that one gives states a share of the oil revenues; the other doesn't. Steve Henn reports.

LISTEN

EMBED

Lehman fails, Merrill sold, is AIG next?

by Marketplace Staff

Sep 15, 2008

Some are calling this weekend's events "a perfect storm." Alan Greenspan called the restructuring perhaps a "once-in-a-century" event. Amy Scott has more on what happened.

LISTEN

EMBED

Fallout: The Financial Crisis

Assessing the situation on Wall Street

by Marketplace Staff

Sep 15, 2008

Lehman has failed, Merrill Lynch is now the property of BofA and Wall Street is abuzz over what's next. Stacey Vanek Smith asks with the head of an investment firm, just how serious is this?

LISTEN

EMBED

Fallout: The Financial Crisis

European stocks tank on Lehman news

by Megan Williams

Sep 15, 2008

News about Lehman Brothers and Merrill Lynch sent European stocks sliding today. And as the European markets look at a future of negative growth, the "R" word comes up. Megan Williams has the story.

LISTEN

EMBED

Asian currencies take a hit

by Scott Tong

Sep 15, 2008

The dollar fell in Asian markets on worries about the U.S. banking system. Those emerging economies were expected to ride out the financial storms. But as Scott Tong reports, that's not turning out to be so.

LISTEN

EMBED

Cleaning out the financial system

by Marketplace Staff

Sep 15, 2008

Should we call it Black Monday? Or maybe Black and Blue Monday? Scott Jagow talks to economist Diane Swonk to get her take on what's been going on and what to expect to happen today and onward.

LISTEN

EMBED

Fallout: The Financial Crisis

'It's going to be a really tough year'

by Marketplace Staff

Sep 15, 2008

And now, the fallout. More of the same seems to be the common prediction. As for who next, AIG seems to have been nominated for that post. Stacey Vanek Smith asks economist Christopher Low for his take.

LISTEN

EMBED

Fallout: The Financial Crisis

A look at what's up at AIG

by Marketplace Staff

Sep 15, 2008

AIG is facing a potential downgrade by the major credit-rating agencies, and is said to be seeking help from the government. Scott Jagow asks Amy Scott, how did an insurer get into this mess?