01/09/09
Marketplace for Friday, Jan. 9, 2009
Episode Description:
Marketplace for Friday, Jan. 9, 2009
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3
The lives of Wall Street's young guns
Every year young, ambitious business school graduates dreaming of wealth and power come to Wall Street. But with job losses mounting in the midst of the financial crisis, things have changed. Amy Scott reports on the world of Wall Street's upstarts.
0
Electronics show slowed by recession
The Consumer Electronics Show kicked off this week, promising the latest in gadgets and technology. But in this recession, how is the technology industry responding? Bob Moon speaks with tech expert Kevin Pereira about what's happening at the show.
2
Weekly Wrap: Obama's stimulus
With President-elect Obama set to take office shortly, it's no surprise that his stimulus proposals dominated the headlines this week. Bob Moon speaks with Fortune Magazine's Leigh Gallagher and Felix Salmon from Portfolio.com about the tough road ahead for Obama.
4
Who really needs the stimulus?
President-elect Obama's stimulus package calls for billions to be spent on infrastructure projects. But commentator Angela Glover Blackwell says to make the most out of the money -- and build up overlooked communities -- it needs to be invested in the right projects.
4
Investment banks hoarding oil
Fifty million barrels of oil are just sitting around on supertankers. They're not getting unloaded because investors are waiting for the price of oil to go up. Mitchell Hartman explains.
1
Panel criticizes Treasury over TARP
A Congressional oversight panel released a report today that criticizes the Treasury Department's handling of TARP money. Nancy Marshall Genzer reports that Congress now feels it has to clamp down on the department with more oversight.
1
Rep. Frank wants new TARP restrictions
The Treasury Department is seeking to dip into the second half of the $700 billion TARP money. But since the first half wasn't administered so well, Congress wants to implement new rules before dispersing the rest of the funds. John Dimsdale reports.
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