Marketplace Morning Report for Tuesday, October 5, 2010

Episode Description 
Marketplace Morning Report for Tuesday, October 5, 2010

Guilty French trader faces jail time

French rogue trader Jerome Kerviel has been found guilty of one of the biggest trading frauds in history. Kerviel amassed a multi-billion loss at the French bank Societe Generale in 2008. Stephen Beard reports.
Posted In: Crime

Geoengineering: A way to cool earth

International negotiations on global warming are stalled and Congress has no appetite for legislation. There is one more way to cool the planet, but it's controversial. Later this month, a congressional committee will issue a report on something called geoengineering. Nancy Marshall Genzer explains.
Posted In: Environment

Firms deal with consumer-less recovery

Profits are flowing at a lot of companies -- thanks in part to major cost-cutting, not because people are flocking back to stores. But how long we can sustain a consumer-less recovery? Alisa Roth reports.
Posted In: Retail

Summit focuses on community colleges

Jill Biden, wife of the vice president, is hosting the first-ever White House summit on community colleges in Washington today. The Obama administration is banking on the low-cost schools to help raise college graduation rates and retrain unemployed workers. Amy Scott reports.
Posted In: Education

The environmental costs of big firms

A new report measures the environmental impact of the world's 3,000 largest companies, and how much that impact costs investors. It was commissioned by a United Nations program for responsible investing. Reporter Eve Troeh talks with Bill Radke about what the report reveals.
Posted In: Environment

Why Japan cut key rate to near zero

Japan's central bank has cut its interest rate to virtually zero. The BBC's Roland Buerk talks with Steve Chiotakis about what finally persuaded Japan to cut its key rate and how damaging the weak U.S. dollar has been to the Asian nation's recovery.

Hallelujah! Holy park offers a free day

If you happen to be in Orlando, Fla., you can get into one of the area's theme parks for free. Sorry, it's not Disney. It's a Christian attraction called the Holy Land Experience. The park is giving away tickets for a very worldly purpose, though, and it all has to do with taxes. Judith Smelser explains.
Posted In: Entertainment

Why does the price of gold keep rising?

The price of gold hit a record high at just under $1,328 an ounce. What does this high price tell us about currencies and trade? Dennis Gartman, publisher of the Gartman Letter, talks the details with Steve Chiotakis.
Posted In: Investing

A look at interest rate cuts and gold

Juli Niemann, analyst at Smith, Moore and Co., talks with Bill Radke about whether there is a rate-cut competition going on and what the phrase "beggar thy neighbor" means.

Saving for college tougher for parents

The student loan company Sallie Mae released a report called "How America Saves for College." Reporter Eve Troeh talks with Steve Chiotakis about what the report says and whether families are still interested in higher education even if they can't afford it.
Posted In: Education

Music from this show

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Since You've Been Gone (Sweet Sweet Baby)
Aretha Franklin
Do It Again
Steely Dan
Why Is My Heart Sad (Malou)
Souad Massi
Someone's Second Kiss
RJD2
Giving Up The Ghost
DJ Shadow

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