04/21/10
Marketplace Morning Report for Wednesday, April 21, 2010
Episode Description:
Marketplace Morning Report for Wednesday, April 21, 2010
0
Globalist Quiz: Where Germany is #1
In which area does Germany rank first in the world: exports, solar power, or cars? Bill Radke takes Stephen Richter's Globalist Quiz.
6
U.S. Treasury unveils new $100 bill
The U.S. $100 bill is a favorite for counterfeiters abroad. So the U.S. Treasury is giving Ben Franklin a facelift with embedded images, making it harder to duplicate. The actual bills are due out later this year. Mitchell Hartman reports.
0
Russia 'Clunkers' program clears rubble
Apr 21, 2010
Russia's version of a "Cash for Clunkers" program has the intended benefit of boosting the country's slumping car sales. But it also has the potential long-term effect of producing an organized junk yard culture. Peter van Dyk reports.
0
IMF considers two global bank taxes
The International Monetary Fund is sussing out a plan for two global taxes on banks. One would take a portion of profits and pay, while another would raise a reserve. Banks aren't expected to like it. Stephen Beard reports.
1
SEC will continue stepping up to banks
The Securities and Exchange Commission says it will continue its enforcement efforts on questionable investment bank activities, including the practice of hiding debt. Steve Chiotakis talks to Marketplace's Gregory Warner.
0
Fiat won't help Chrysler profits yet
Today Chrysler issue its first financial results since Italian car maker Fiat took it over. But analysts don't expect a large improvement yet; the new Fiat-designed cars won't come out until next year. John Dimsdale reports.
0
Senate takes up derivatives trading
The Senate is considering legislation tackling derivatives. One bill would require the instruments be traded on a public exchange, while another determines that banks wouldn't handle risky behavior at all. Jennifer Collins reports.
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