Marketplace for Friday, Dec. 12, 2008

Episode Description 

Can we see the bottom from here?

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.

Where the automakers go from here...

The Treasury Department may dip into the $700-billion bailout fund to rescue the ailing auto industry. Kai Ryssdal speaks with John Dimsdale about what's next for the automakers.
Posted In: Auto

Madoff pulls a Ponzi

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.

Pension, retirement-fund rules eased

Congress has given corporations and retirees a break by letting businesses delay payments to pension plans and relaxing rules on mandatory withdrawals from IRAs and 401k's for people over 70. Nancy Marshall Genzer reports.
Posted In: Retirement

Gas prices down, confidence up?

Gas prices are down and the mood of consumers is surprisingly up. Is cheap gas the cause for rising consumer confidence? Sally Herships reports.

Taking Stock: Keeping the faith

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.

Deconstructing your consumption

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.

Music from this show

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Dance Til Your Baby Is a Man
Social Distortion
Don't Have to Be So Sad
Yo La Tengo
I'll Sleep When You're Dead
Dial M for Monkey