Feb 27, 2009

Marketplace for Friday, February 27, 2009

Segments From this episode

Government underestimates GDP drop

by Steve Henn

Feb 27, 2009

Gross Domestic Product shrank 6.2% in the fourth quarter of 2008, much worse than the 3.8% the Commerce Department had predicted just a month ago. How did the government get it so wrong? Steve Henn reports.

LISTEN

EMBED

Fallout: The Financial Crisis

What if there's no economic growth?

by Marketplace Staff

Feb 27, 2009

The GDP shrinkage was worse than expected. With the U.S. economy plummeting, Kai Ryssdal speaks with economist Barry Bosworth about what might happen if we don't see the economic growth the White House is banking on.

LISTEN

EMBED

Fallout: The Financial Crisis

What U.S. share stake means for Citi

by Ashley Milne-Tyte

Feb 27, 2009

The Treasury Department will become Citigroup's biggest single shareholder. But will this move be the last for the struggling financial giant? Ashley Milne-Tyte reports.

LISTEN

EMBED

Fallout: The Financial Crisis

Weekly Wrap: Of banks and bucks

by Marketplace Staff

Feb 27, 2009

News about the banks generated a lot of talk this week. Kai Ryssdal speaks with Fortune Magazine's Leigh Gallagher and Clusterstock.com's John Carney about what's next for the banking sector.

LISTEN

EMBED

An opportunity in China's dairy industry

by Scott Tong

Feb 27, 2009

China's dairy industry took a hit when the chemical melamine was found in every brand of its milk. But that hasn't stopped one entrepreneur from entering the industry. Scott Tong reports.

LISTEN

EMBED

Fallout: The Financial Crisis

FDIC raises rates due to bank failures

by Marketplace Staff

Feb 27, 2009

The FDIC is raising its rates to compensate for the slumping bank sector. The insurance corporation has shut down 14 banks this year and sold what's left to healthier financial institutions. Mitchell Hartman reports.

LISTEN

EMBED

Cafeteria jobs serve up some stability

by Marketplace Staff

Feb 27, 2009

There was a time when school cafeteria jobs were hard to fill. But in this downturn, demand for lunchroom jobs has more than tripled in some places. Gigi Douban find out why from a cafeteria in Birmingham, Ala.