Marketplace Morning Report for September 22, 2008

Episode Description 
Marketplace Morning Report for September 22, 2008

Morgan, Goldman going commercial

And then there were none. The last two Wall Street investment banks standing have decided to become commercial banks, with the approval of the Federal Reserve. Steve Henn has more on what that means.
Posted In: Economy, Wall Street

China's food safety chief resigns

Every Chinese product safety scandal has occurred on the watch of Li Changjiang, the top quality supervisor in the country. But is the Chinese government making him a scapegoat? Scott Tong reports from Shanghai.
Posted In: Food, Health

Congress tackles bailout's bottom line

Proposals for rescuing financial institutions go to Congress this week, but lawmakers worked through the weekend to get a head start. The budget deficit is expected to balloon. Danielle Karson reports.
Posted In: Economy, Taxes, Wall Street

What happens to financial survivors?

Wall Street should have won an Emmy for a dramatic series for last week's events. Stacey Vanek-Smith talks with an economist to get some perspective on it all and a forecast of what's to come.
Posted In: Economy, Wall Street

Sovereign funds could give U.S. a pass

Sovereign wealth funds were investing heavily in distressed U.S. banks. Mitchell Hartman learns that, like the Abu Dhabi group that bought Manchester's soccer team Friday, these funds could now be looking elsewhere.
Posted In: Economy, Wall Street

The bailout and the housing market

Potential home buyers have been hovering, reluctant to buy until they feel prices have reached bottom and loan requirements have loosened. Does the bailout change the picture. Dan Grech reports.
Posted In: Economy, Housing

Will foreign banks join the U.S. bailout?

The U.S. mortgage debt bailout will extend to toxic assets in foreign banks. But how will it be paid for, and how will it affect the global economy? Scott Jagow talks with Steven Beard in London.
Posted In: Economy, Housing

Music from this show

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Private Press
Japanese Whisper:The Singles
Magnificent City Instrumentals
RJD2
The Four Walls
Languis
A Rush Of Blood To The Head
Coldplay