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Marketplace for July 21, 2011

Episode Description 
Marketplace for July 21, 2011

Latest Greek bailout won't solve Eurozone problems

Greece is getting another bailout package -- one that nearly treats it like a default -- but that won't be enough to solve the fundamental problems of the Eurozone.

Tour the new consumer finance protection agency

The new Consumer Financial Protection Bureau opens today in Washington, one year after President Obama signed the Dodd-Frank Act into law. A tour of the offices shows what the bureau is as it opens, even though it has yet to get a director.

MetLife to sell its banking operations

Insurance giant MetLife says the move to shrink is aimed at avoiding regulatory scrutiny for financial firms deemed "too big to fail."
Posted In: Banks

Prescription drug managment companies consolidate

Express Scripts agrees to buy Medco Health Solutions to gain market clout.
Posted In: Health

How the Dodd-Frank rules are made

One year after President Obama signed the Dodd-Frank Act, more than 300 new rules for the financial sector are on the way. How banks and other interests go about shaping them is fairly straightforward, at least to start: Write a letter. Get in line to talk to the rule-makers.
Posted In: Banks

No-tax pledge is bigger than Grover Norquist

Norquist is the long-time promoter of the no-new-tax pledge that almost every Republican in Congress has signed. But when he suggested that letting the Bush tax cuts expire wouldn't technically be a tax increase, it became clear the pledge is bigger than any one person.
Posted In: Taxes

Where has the rage against banks gone?

The near-collapse of the financial system created anger across the country. But now there's another target for all that emotion.
Posted In: bank

Music from this show

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Fun Powder Plot
Wild Beasts
Soft
Washed Out