Marketplace for Friday, March 29, 2013

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Episode Description 
What do a $155 million Picasso purchase, a $60 million Hamptons home purchase, a $600 million fine and a trader in handcuffs have in common? The answer: a momentous week for high-profile hedge-fund titan Stephen A. Cohen. Plus, oil companies say new EPA rules on sulfur levels in gas will increase prices several cents a gallon, but higher refining costs could play out many ways: People could drive less or they could buy cars with higher mileage.

Caution: Chasing a dream doesn't always work out

Chasing your dream can take a lot of time and cash. And there's no guarantee that doing what you love will work out exactly as you had hoped.
Posted In: American dream, dreams, emotions

Want a U.S. visa? Got a spare $500,000?

The government is doling out a growing number of visas to immigrants who invest half a million dollars in the U.S.
Posted In: Entrepreneur, visa, Immigration, work visas

Grown men who can't wait to play with My Little Ponies

My Little Pony has a sizable cult fan base of men 18 - 40. Yes, they're called Bronies.
Posted In: bronies, my little pony, cultural

Insider trading charges: One way to end a long week

An SAC Capital trader was charged today with securities fraud, allegedly short-selling stocks based on inside information
Posted In: Weekly Wrap

Your gas bill will rise under new rules (but by how much?)

Oil companies say new EPA rules on sulfur levels in gas will increase prices several cents a gallon, but higher refining costs could play out many ways.
Posted In: gas prices, gas, Environment, EPA

Did 'barefoot homeless guy' really deserve charity?

Remember the “barefoot homeless guy” from when an NYPD officer bought him shoes? Well, he’s back in the news this week after being seen recently counting a “huge wad of bills.”
Posted In: media

For one hedge fund: A heartbreaking week of staggering gossip

What do a $155 million Picasso, a $60 million Hamptons home, a $600 million fine and a trader in handcuffs have in common? The answer: a tumultuous week for high-profile hedge-fund titan Stephen A. Cohen.
Posted In: hedge funds, insider trading, sac capital

Judge dismisses LIBOR lawsuits against big banks

This afternoon, a federal judge in New York dismissed a big chunk of the lawsuits against banks involved in the LIBOR scandal.
Posted In: LIBOR, libor scandal

Music from this show

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Spooky
Dusty Springfield
You've Been Spiked
Chris Joss
I Need A Dollar
Aloe Blacc
Spreadin' Honey
The Watts 103rd. Street Rhythm Band
Cirrus
Bonobo

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