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Marketplace Morning Report for Thursday, October 2, 2008

Episode Description 
Marketplace Morning Report for Thursday, October 2, 2008

Financial sector not leading layoffs yet

Layoffs were at a staggering 95,000 employees in September, with the financial industry the fourth-largest job cutter. Dan Grech reports Wall Street's bad numbers will start to show in a few weeks.
Posted In: Jobs

Short-sellers sitting out another round

The Securities and Exchange Commission extended a ban on stock short-selling put in place last month. Stacey Vanek-Smith looks into why the SEC enacted the ban in the first place and the dangers of short-selling.
Posted In: Investing, Wall Street

Examining the Senate's new bailout bill

Does the Senate's new version of the bailout package do enough to prevent future problems? Scott Jagow talks to Democratic Congressman Bill Pascrell about the changes he'd like to see made to the bill.

Europe still needs a crisis plan

European financial leaders are having trouble organizing a plan of action to combat the financial crisis. Stephen Beard reports the European Commission will meet for an emergency summit this Saturday.

The biggest little crisis in the world

While the financial crisis continues to get top billing in the media, folks in Reno, Nevada don't seem as alarmed. At least, not those who talked to Marketplace Money host Tess Vigeland. She talks to Renita Jablonski.

Recession will inspire a new frugality

As lenders become increasingly conservative, borrowers will grow more cautious. Scott Jagow talks to economic editor Chris Farrell about how the recession will promote a new, long-lasting wave of frugality.

Wachovia's wide effect on Charlotte

Marketplace's financial road trip continues this morning in Charlotte, N.C., where New York City Bureau Chief Amy Scott explores the wide effects Citigroup's purchase of Wachovia's banking business has on the city.
Posted In: Jobs

Senate passes revised rescue package

The Senate's new economic rescue package is now worth over $800 billion. Washington Bureau Chief John Dimsdale told Renita Jablonski some Republicans naysayers see improvements in the new bill.

Music from this show

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Where The Streets Have No Name
Vitamin String Quartet
Anarchy in the Uk
Sex Pistols
On The Road Again
Willie Nelson
Short Skirt/Long Jacket
Cake
I Can See Clearly Now
Willie Nelson
Jack & Diane (Album Version)
John Mellencamp