Marketplace Morning Report for Thursday, June 2, 2011

Episode Description 
Marketplace Morning Report for Thursday, June 2, 2011

Goldman subpoenaed over role in financial crisis

The bank received a subpoena from the Manhattan DA to explore information about its involvement in the global financial crisis.
Posted In: Banks

'Expert networking' trial set to open

Bloomberg reporter Patricia Hurtado explains the insider-trading case that is set to open today investigating alleged "expert networking."
Posted In: Crime

The U.S. struggles to recover from an economic coronary

Diane Swonk, chief economist of Mesirow Financial, explains how our perception of the economic recovery has seemingly changed overnight.
Posted In: Economy

It's all Greek: U.S. Investors are right to fear European default

Bankruptcy consultant and former Treasury Department official Jim Millstein explains how the financial strain in Greece will impact the fragile U.S. economy.

Gmail users targeted by Chinese hackers

Google says that a recent attack on the email accounts of senior U.S. officials "appears to originate from Jinan, China." Experts say that could suggest either Chinese military involvement or Chinese local 'hack-tivists'.

Double dip recession concerns spread from Europe to U.S.

After unsettling news from Wall Street, and continued concerns of defaults in Europe, many economists fear we could be headed into a second global recession.
Posted In: Economy

Are we on the verge of a 'double dip?'

With discouraging economic reports in jobs and manufacturing and a significant drop on Wall Street yesterday, some worry the economy is headed into a second recession.
Posted In: Economy

Don't freak out about global recovery - yet

Market strategist David Kelly with JPMorgan Funds says the possibility of a second recession is remote -- but that the economics spigot is delivering a drip, drip, drip of bad news.
Posted In: Economy

Shareholders could decide Home Depot's political spending

The Supreme Court ruled last year that the government can't stop companies from supporting political causes. But what about shareholders?
Posted In: Retail

Dealing with debt: Defaulting, restructuring, reprofiling

Greece faces a number of varying options as it tries to handle its debt crisis.
Posted In: Banks

Food pyramid out -- plates in

USDA will reveal new nutrition and food guidelines today -- alongside a simpler icon for American consumers.
Posted In: Food

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