Marketplace Morning Report for Wednesday, February 11, 2009

Episode Description 
Marketplace Morning Report for Wednesday, February 11, 2009

House puts heat on bank CEOs

The House Financial Services Committee will grill eight bank CEOs today on the cash infusion they received last fall. Steve Chiotakis talks to Representative Jeb Hensarling, who sits on the committee, and finds out what he'll be asking.
Posted In: Investing

There's more to jobs than cash, right?

As bank executives account for lavish bonus packages in tough times, we wondered if money is all that drives the American worker nowadays. Bill Radke poses the question to LA Times columnist David Lazarus.
Posted In: Investing, Jobs

U.S. bank execs account for spending

Bank leaders will testify today in front of the House Financial Services Committee on their use of bailout funds. The industry is being criticized for hoarding taxpayer money instead of increasing lending. Jeremy Hobson reports.
Posted In: Jobs

Peanut shutdown a shell shock for town

The town of Blakely, Ga. once thrived as a mecca for the peanut industry. But with the closing of the local peanut processing plant due to a salmonella outbreak comes a questionable future. Dan Grech reports.
Posted In: Food, Jobs

Google energy app can generate profits

Google is developing a free Web service to help you track your home energy use in real time. Aside from helping consumers save on their electricity bill, Google could use the information to make money. Sam Eaton explains how.
Posted In: Internet

Things are looking up for hedge funds

Hedge funds had a rough ride in 2008, but things could be turning around. The hedge fund industry has made a profit for two months in a row now. Stephen Beard reports why this is a good sign for the global economy.
Posted In: Investing

Overseas markets catch U.S. cold

Markets in Asia and Europe are trading lower this morning on a U.S. "sneeze." Jeremy Hobson explores the Geithner effect on overseas markets and why some of the markets are relying on U.S. success.

Knack for saving may be in the genes

A new study out today links our genetic make-up to the amount of risk we're willing to take with our savings. Those more prone to risk-taking ventures: study participants whose ancestors moved around. Janet Babin reports.
Posted In: Science

Stimulus more psychology than theory

The Senate finally approved a new version of the stimulus package, but debate continues about whether it's even a good idea. Commentator Will Wilkinson says the deal may only be useful for psychological effect, if at all.

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Skanatra
Skanatra
Scorpio Rising
Life In Technicolor
Coldplay