Marketplace for June 17, 2011

Episode Description 
Marketplace for June 17, 2011

Weekly Wrap: Continued debt problems in Greece

Reviewing the week's news on Wall Street. This week: the ongoing Greek debt crisis and how it's affecting the U.S. and the markets.
Posted In: Wall Street

A secondary market emerges from Madoff claims

Investors and banks are jumping into a secondary multi-million-dollar market that buys up claims from Bernie Madoff's Ponzi scheme.
Posted In: Wall Street

Senate votes to repeal ethanol subsidies

This $6 billion tax credit pays oil refiners to mix gasoline with ethanol. It looks like Congress may be more open to raising revenue than expected.

AARP waffles on Social Security cuts

The lobbying group for older Americans is reported to be open to reducing Social Security benefits, but then backtracks amid a political firestorm.

Tang sales skyrocket to $1 billion annually

The astronaut-approved orange drink now comes in a variety of local flavors for overseas markets. It's one reason sales have doubled in the past four years.
Posted In: Food

China battling for oil in the South China Sea

Chinese navy increases boat patrols to stop oil exploration by Vietnam and the Philippines.
Posted In: China

What Washington can agree on: Golf

When the president and speaker of the House play golf, it won't be the first time opposing sides agree -- at least to a game.

Small talk: NYC camping, Portland water, elk lips

The news that didn't quite make the headlines. This week: Camping in the middle of New York City, draining a reservoir in Portland, and elk lips.

Music from this show

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Hella Good
No Doubt
Missed The Boat (Album Version) [Clean]
Modest Mouse
Delicious Tears
Antn Hrkwk
Get Better John
Mux Mool