Marketplace Morning Report for Wednesday, January 20, 2010

Episode Description 
Marketplace Morning Report for Wednesday, January 20, 2010

Obama combats contractor tax evasion

President Obama has ordered federal government agencies to bar companies that are delinquent on their taxes from getting any new government contracts. Bill Radke gets more from Marketplace's John Dimsdale.
Posted In: Jobs, Taxes

FHA to tighten mortgage lending

The Federal Housing Administration is set to raise the premiums on mortgage insurance and tighten lending standards for some borrowers. Steve Chiotakis analyzes the move with Richard DeKaser of Woodley Park Research.
Posted In: Housing

No info from the other driver? No cash.

What happens when you get rear-ended on the highway and the other driver takes off without giving you their information? Bill Radke talks to L.A. Times business columnist David Lazarus, who retells this tale and its costly consequences.
Posted In: Auto, Crime

Mervyn King calls for IMF, G20 merger

Bank of England Governor Mervyn King wants to merge the IMF and G20, in hopes of creating a governing council that would encourage countries with high-savings rates to spend more at home. Christopher Werth reports.
Posted In: Investing

Study: Fracking a contamination risk

A new study finds hydraulic fracturing, a process energy companies use to free up oil and gas reserves from rocks, can also contaminate ground water with known carcinogens. Environmental advocates want the process regulated. Sam Eaton reports.
Posted In: Oil

China tells banks to ease up on lending

Regulators in China are telling the country's major banks to get stingier with credit this year in an effort to keep the economy from overheating. Some fear the lending will lead to asset bubbles and inflation. Scott Tong reports.

States owe billions in unemployment

A ProPublica study shows half of the state unemployment systems in the U.S. are deeply in debt. So far, states have borrowed $25 billion from the Feds in order to keep paying laid-off workers. Mitchell Hartman explores states' repayment options.
Posted In: Jobs

A lot of value in free government data

The White House has ordered that some high-value government data be made available online by the end of the month at, and Brett Neely reports with the right spin, tech heads can find a lucrative business.
Posted In: Science

Brits bitter over Cadbury takeover

For the British, Cadbury is almost as strong a part of the culture as Shakespeare, so a takeover by an American company hits hard. Christopher Werth gauges reactions from the general British public.
Posted In: Food, Mergers and Acquisitions

Brown will give reforms a rough ride

The election of Republican Scott Brown to the Massachusetts senatorial seat dissolves the Democrats' filibuster-proof Senate majority. Steve Chiotakis talks to Marketplace's John Dimsdale about how that will affect the White House agenda.

Music from this show

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Cherry / Mannenberg
Abdullah Ibrahim
American Pie
The Ventures
Caleidoscopic Gaze

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