02/10/10
Marketplace Morning Report for Wednesday, February 10, 2010
Episode Description:
Marketplace Morning Report for Wednesday, February 10, 2010
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1
How Goldman masked Greece's deficit
A report from Germany's Der Spiegel magazine says Goldman Sachs helped engineer a trade that gave Greece an extra billion dollars worth of credit. Brett Neely explains how Greece was cooking its books.
0
Fed could raise the discount rate
In prepared remarks, Federal Reserve Chair Ben Bernanke said before long, the Fed may raise the discount rate, the interest rate it charges member banks. Bill Radke gets more from Mark Vitner, senior economist at Wells Fargo.
3
Buying Botox in bulk may not be better
Are the high costs of Botox getting you down? One doctor's Web-based initiative is offering a solution: Botox discounts when you buy in bulk. Jennifer Collins explores whether this approach risks quality.
0
Commerce thrives in Haitian tent cities
In the aftermath of last month's earthquake, roughly 600 tent cities have sprung up around Haiti's capital, Port au Prince. And small-scale entrepreneurs have found ways to keep cash flowing. Sabri Ben-Achour reports.
1
Hedge funds bet against the euro
Some of the euro's weakness in the wake of Greece's debt crisis has been caused by foreign exchange speculators that have been shorting the currency by betting it will fall further. Mitchell Hartman reports.
0
Germany may help Greece with debt
Global stock markets have calmed down on word that Germany may help Greece with a short-term solution to its debt problems. Bill Radke finds out why Germany is coming to the rescue from Marketplace's Stephen Beard.
0
Workers protest Greece's austerity plan
Public workers in Athens are protesting in the streets against Greece's new austerity measures, which include changes to retirement benefits. Steve Chiotakis looks into the workers' perspective from business editor (and cousin) Sotos Chiotakis.
5
NBC to viewers: Speak now or never
Over the next few weeks, NBC will be airing an announcement on the proposed merger between media giants NBC Universal and Comcast. The public has about a month to raise objections to the deal. Why should they care? Jeff Tyler reports.
1
Congress freezes under piles of snow
The East Coast has been pummeled with its second big snowstorm in a week, leaving Congress with no choice but to cancel most of its work. Steve Chiotakis talks to Marketplace's Brett Neely about what's being pushed back on Capitol Hill.
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