Marketplace Morning Report for Thursday July 31, 2014

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Episode Description 
John Kerry is going to India, but India isn’t coming to Kerry. The country’s leaders have refused to sign a WTO deal, insisting on a compromise over grain stockpiles. The WTO deal reportedly could mean a trillion dollars in stimulus and 21 million new jobs. If it went through, what would that stimulus look like? Plus, more fallout from the housing crisis, this time for Bank of America. It's tacking on another billion dollars to its growing bill for passing off garbage mortgages as smart investments. Also, commentators have a habit of blaming whole generations for various economic troubles. Millennials are in the crosshairs a lot lately, accused of everything from shackling the housing market to setting the stage for the next global crisis with their student loan debt. Baby Boomers are getting abuse, too. Some market watchers worry that as they sell their stocks to pay for retirement, the whole market will sag. 

Bank of America will pay a $1.3 billion penalty

A refresher on Bank of America's role in the housing market crash.
Posted In: Bank of America, financial crisis, banking crisis

Thanks for the economy, Boomers

Blaming the economy on a whole generation, with Chris Farrell.
Posted In: baby boomers, Retirement

PODCAST: Ambulance tech

Jobs number, streaming video games, and building a safer ambulance.

India plays chicken with the W.T.O.

India holds up passage of an international trade deal in order to press its agenda.
Posted In: India, World Trade Organization

Sony streams PlayStation games online

Sony hopes to grow its audience by streaming classic games to Bravia TVs.
Posted In: playstation, Sony, games

How to make ambulances safer

EMS workers have a high on-the-job fatality rate. Could safer ambulances help?
Posted In: ambulance

Music from this show

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Let's Call It Off (Single Version)
Peter Bjorn And John
Hang Loose
Mandrill
Friends To Lovers
AlunaGeorge
Dots
DJ Premier
That's Inside of Me
Eddy Current Suppression Ring

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