Marketplace for Friday, May 23, 2008
When a curious Gen Y-er can do almost anything he wants, why would he subject himself to a whole lot of number crunching and cost-benefit analyses? Commentator and economics grad student Ben Bushong says these days economics is a lot more than that.
Nonprofit aid organizations and governments usually take the lead in providing assistance in times of crisis, but these days they're increasingly being helped by businesses, big and small. Stacey Vanek-Smith reports.
Posted In: Housing, Investing, Wall Street
The subprime crisis has sent banks and brokers fleeing from mortgage-debt investment that, for many, has turned into huge losses. Now a highly-respected bond manager is betting he'll be able to cash in -- with the government's help. Bob Moon reports.