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Marketplace for Friday, July 23, 2010

Episode Description 
Marketplace for Friday, July 23, 2010

Weekly Wrap: Ben Bernanke's optimism, Barofsky and corporate bonuses

Kai Ryssdal talks to Heidi Moore from the Big Money and Sudeep Reddy from the Wall Street Journal about the newly signed financial reform bill, Ben Bernanke was on the Hill, the TARP czar gave us his two-cents, and some executives received big fat bonuses.

For-profit school ads mislead mothers

The ads often have distracting animations and the promise of an education program from the Obama administration specifically for single moms. Untrue, but the ads aren't necessarily the faults of the schools that they advertise for, but the "lead generators" that they employ to advertise for them.
Posted In: Education

Treasury hires Morgan Stanley to handle Citigroup shares

The Treasury is selling Citigroup shares, as the company's way of owing its TARP money, and hired Morgan Stanley to manage the shares for them -- and to help the brokerage out. Marketplace's Nancy Marshall Genzer reports.
Posted In: Banks

Were the E.U. bank stress tests too easy?

European banks underwent "stress tests," to restore trust in the European banking system during the debt crisis, but some question if the tests were rigorous enough.
Posted In: Banks

Pay czar's report finds many 'ill-advised' bonuses on Wall Street

Pay czar Kenneth Feinberg rebuked Wall Street firms for paying out generous bonuses, even as the firms faced insolvency. Wall Streeters probably aren't hanging their heads in shame, but federal regulators may take his words into account when drafting laws on executive compensation.

'Downstream, Death of the Mighty Colorado'

Kai Ryssdal talks to photographer Brian Frank about his travels along the Colorado River, where he photographed the impact of overpopulation, pollution, damming, global warming and apathy on the river and the communities that relied on it.
Posted In: Environment

Music from this show

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Ending Of An Era
Midnight Juggernauts
Transmission
Joy Division
Rooks
Shearwater
Behind the Mountains (Instrumental)
Japancakes