Marketplace Morning Report for Thursday, October 09. 2008

Episode Description 
Marketplace Morning Report for Thursday, October 09. 2008

G-7 finance ministers to meet in D.C.

Treasury Secretary Paulson will attend the G-7 meeting in Washington, although he says it's unlikely it will produce a global economic plan. Megan Williams has more.

For good banking, just go north

The World Economic Forum has released a survey rating global banking systems, and Canada has come out on top. Jennifer Collins reports where the U.S. falls on the list -- and the U.K. is close behind.

Can Treasury ownership help banks?

The Treasury Department is considering going further to help the credit markets by taking ownership stakes in many U.S. banks. Marketplace's Bill Radke talks to Jeremy Hobson about why that could be a risky move.

To stay in business, you need the drive

It may not be the best time to buy a new vehicle, but used car salesman Morton McArthur remains optimistic. New York Bureau Chief Amy Scott caught up with him at his lot outside of Cincinnati, Ohio for our Road to Ruin.
Posted In: Jobs

Oil profits still high in third quarter

Oil may not be seeing the per-barrel prices of last year, but the average prices are still higher than last year. Ashley Milne-Tyte looks into what energy analysts are predicting for oil profits as earnings reports come in.
Posted In: Oil

Global rate cut encourages investors

Yesterday's coordinated rate cut seems to have calmed the markets overseas. Stacey Vanek-Smith talks to European correspondent Stephen Beard about why the weekend IMF meeting could be encouraging.

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