Marketplace for Friday, Jan. 2, 2009
Ever notice that there are a lot of acronyms involved in finance and business? TARP. FDIC. LIBOR. Well, there's a good reason for them. Kai Ryssdal speaks with author and blogger Leslie Savan about the financial alphabet soup.
President-elect Barack Obama's stimulus plan could cost nearly $800 billion. Some Republicans worry that money could be wasted on pork barrel projects and say it's time to curb spending. But is their call for fiscal conservatism coming at the right time? Nancy Marshall Genzer reports.