Marketplace for Friday, Dec. 12, 2008
With the big exceptions of the auto industry and Bernard Madoff, things weren't so bad this week on Wall Street. Trader Andy Brooks and Fortune magazine's Leigh Gallagher tell Kai Ryssdal they see a few positive signs in this week's events.
Broker Bernard Madoff has been arrested on charges that he ran a $50 billion Ponzi scheme, using money from old investors to pay off new ones. He may have even outdone Ponzi himself. Jeremy Hobson reports.
Gas prices are down and the mood of consumers is surprisingly up. Is cheap gas the cause for rising consumer confidence? Sally Herships reports.
In these tough economic times, your faith may be the only thing pulling you through. Kai Ryssdal talks with Rev. Mark Bozzuti-Jones, who preaches from the pulpit at Trinity Church on Wall Street.
With the holidays upon us and the financial crisis hurting our pocketbooks, commentator Rob Walker tells us why it's a good time to look at our spending habits.