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Marketplace Morning Report for Thursday, March 13, 2008

Episode Description 
Marketplace Morning Report for Thursday, March 13, 2008

Carlyle fund at end of the road

The troubled mortgage bond fund of the Carlyle Group is near collapse. As Stephen Beard reports, it may be sign the Fed's plan to stabilize the credit markets isn't working.
Posted In: Wall Street

We just have to ride it out

U.S. Treasury Secretary Henry Paulson is in Washington today to discuss his plan for avoiding another credit crunch. But Nancy Marshall Genzer reports the crisis is likely to last over the next couple of months.
Posted In: Economy

How "eco" is the Ecopod?

An eco-friendly coffin producer in the U.K. has given some funeral advocates sticker shock over its expensive biodegradable caskets. And April Dembosky reports environmental advocates also question the company's commitment to green.

Industries that survive retail trauma

A wan retail sales report may be looming, but goods like discount food and prescription drugs can weather an economic downturn pretty well. Ashley Milne-Tyte looks at the bright side, but reports no one is recession-proof.
Posted In: Retail

Budgeting to buy troubled mortgages

A coalition of community organizations wants the federal government to buy up troubled mortgages from banks at a discounted rate to take pressure off of homeowners. Sam Eaton reports on how this could affect the bottom line.
Posted In: Housing

Rail boom pushes greener trains

The Environmental Protection Agency is expected to announce new rules requiring cleaner engines on trains. But some say trains have a while to go before they're a pollutant-avoiding alternative. Sarah Gardner reports.
Posted In: Travel

Dollar losing grip in parts of Middle East

Some Middle Eastern countries are reconsidering their ties to the U.S. dollar after it hit record lows against the euro. But Jill Barshay reports why bigger Gulf states will likely stick to the currency.
Posted In: Wall Street

Music from this show

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Doldrums
Cul De Sac
Flux And Meter
Tommy Guerrero