Marketplace for Friday, July 6, 2012
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The Barclays LIBOR scandal seems like just another example of banks behaving badly, but in London, many are worried it has tarnished the city's reputation as the world's financial center. Here in the U.S., we look at alternative economic indicators to the otherwise drab June jobs report. One small South Texas town is struggling to deal with its oil boom. A new company aims to help people get much-needed loans and build their credit rating at the same time. And Sarah Gardner talks to Eric Klinenberg about the 1995 Chicago heatwave that killed over 700 people, and what we've done to prepare for heatwaves since then.
Posted In: LIBOR, Barclays, London
While Wall Street had been bogged down by regulations and scandal, London took the crown for leading global financial center. Now, with the Barclays and LIBOR-rigging investigation, the British city could find itself being regulated as well.
Posted In: weather, climate change, public health
Three days of extreme heat in Chicago in 1995 caused over 700 deaths. New York University professor Eric Klinenberg talks about what we've learned from that catastrophe.