07/28/09
Marketplace Morning Report for Tuesday, July 28, 2009
Episode Description:
Marketplace Morning Report for Tuesday, July 28, 2009
To view this content, Javascript must be enabled and Adobe Flash Player must be installed.
1
B of A could close 600 branches
Bank of America is planning to shut down as many as 10% of its neighborhood branches. Bank executives see the need for physical locations dwindling as computers and smart phones take over. Mitchell Hartman reports.
1
Not a realistic plan for homeowners
The Obama administration's loan modification program is meant to help homeowners at risk of foreclosure. Bill Radke talks to real estate professor Chris Mayer, who says the expectations for the program aren't realistic.
0
Home prices done with nosedive
Steve Chiotakis talks potential Bank of America closings and the S&P/Case Shiller Home Price Index with Juli Niemann from Smith, Moore and Company in St. Louis.
0
U.S. Treasury plans to unload debt
The U.S. Treasury wants to unload more than $200 billion of its debt. But who's buying? Jill Barshay reports the biggest investors are still foreign governments.
4
Mortgage plan gives people runaround
The Obama administration's loan modification program to keep people in their homes hasn't had the results many were hoping for. Mortgage servicers will be at the White House today to explain why. Mitchell Hartman reports.
1
Where 'Say on Pay' could get in the way
Today, the House Financial Services Committee considers a bill to give shareholders a say on executive salaries and bonuses. But some say the move could undermine the power of a board of directors. Jeremy Hobson reports.
0
BP losses make pretty good figures
European oil company BP reported second-quarter earnings were down by more than 50 percent compared to last year. But analysts say it could easily have been worse. Stephen Beard looks into why these are being considered decent numbers.
4
Skin cream fairly profitable in India
India's launch of Fair & Handsome skin-lightening cream three years ago has started a boom for male grooming products throughout the country. Raymond Thibodeaux explores the link between status and lighter skin and how it translates to profits.
0
How Cubs bidder is hoping to score
The Tribune Company will be giving VIP seats to key financial players at today's game at Wrigley Field to woo a prospective Chicago Cubs buyers. Bob Moon looks into the deal and concerns for the potential team owner.
1
Roughing it is not what it used to be
If you're pinched for a stay in a luxury hotel suite this vacation, why not try a luxury stay outdoors? Between multi-room tents and propane ovens, first-time campers are getting the good life at a discount. Jennifer Collins reports.
Browse the show calendar
Buzzworthy
Recent comments on our stories..
High-frequency trading: Bad for markets... and the soul?
Hi,
First I'd like to thank everyone for listening to what I had to say, it's really an honor to have been on marketplace. Second...
Nick Hanauer on the TED talk, income inequality controversy
If the idea of "trickle-down economics" hasn't worked---when governments have actually *tried* it, rather than a form they...
kingjon | May 18, 2012 Time to bring back Glass-Steagall?
I can finally agree with Robert Reich100%. To our detriment, banks have forgotten that there is a difference between manipulating money, and...
pauliswood | May 16, 2012 Hey brogrammer, let's crush some code
So happy to see this being spoken about openly. Most forms of tech are tainted by this problem in one way or another. I would venture to say that...
Antos101 | May 16, 2012
Connect
Submit your Personal Finance Questions to the Getting Personal blog.
BECOME A MARKETPLACE SOURCE!
Join the Public Insight Network and help us
tell the story.
Sign Up Now or browse recent questions from
the Network below.
