Marketplace for Friday, October 16, 2009

Episode Description 
Marketplace for Friday, October 16, 2009

B of A problems could be a lot worse

Although much attention has been given to the CEO of Bank of America having his salary and bonus revoked, the real news is the bank's billions of dollars in losses. Yet, while the situation looks bleak, it could be a lot worse. Alisa Roth reports.
Posted In: Investing

Weekly Wrap: Numbers besides 10,000

There were some meaningful numbers in the news this week beyond the Dow's 10,000 mark. Kai Ryssdal looks into Wall Street profits and losses with Felix Salmon from Reuters and business writer Heidi Moore.
Posted In: Wall Street

Is government letting dollar weaken?

Obama administration officials are talking about the importance of a strong greenback. But people in the currency markets say it's pretty obvious the White House is saying one thing while doing another. Bob Moon reports.
Posted In: Economy

House could make Fed open books

When the Fed bought trillions of dollars worth of assets and debt from struggling banks, it never divulged where the money went. Next week, the House Financial Services Committee will vote on whether to change that. John Dimsdale reports.
Posted In: Economy, Investing

Why 'smart guys' headed to Wall Street

At one point, those who worked at Wall Street weren't considered top-tier class. But according to author Calvin Trillin's latest column in the New York Times, the high cash lured in smarter people. Kai Ryssdal talks to Trillin about what that means.
Posted In: Wall Street

Lessons from 'The Tao of Wu'

Hip-hop artist The RZA of Wu-Tang Clan talks with Kai Ryssdal about balancing hip-hop and the message of money, and his thoughts on the economy. It's part of our series, "Taking Stock." We also offer an excerpt from his book, "The Tao of Wu."
Posted In: Books, Entertainment

Music from this show

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The Message
Grandmaster Flash & The Furious Five feat. Melle Mel & Duke Bootee
Smiley (The Woh, Woh Song) [Explicit]
Asheru And Blue Black Of The Unspoken Heard
Movie Finale
Madlib

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