06/02/11
Marketplace Morning Report for Thursday, June 2, 2011
Episode Description:
Marketplace Morning Report for Thursday, June 2, 2011
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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.
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'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."
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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.
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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.
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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'.
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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.
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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.
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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.
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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?
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Dealing with debt: Defaulting, restructuring, reprofiling
Greece faces a number of varying options as it tries to handle its debt crisis.
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Food pyramid out -- plates in
USDA will reveal new nutrition and food guidelines today -- alongside a simpler icon for American consumers.
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