12/03/07
Marketplace for Monday, Dec. 3, 2007
Episode Description:
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He's driven to make a difference
Robert Chambers could have easily retired after leaving car sales and owning several businesses. Instead, he has channeled his energy into helping low-income car buyers make smart purchases that will help them on the road to prosperity. Steve Tripoli reports.
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Divided Belgium is of 2 minds on split
Leaders of the Dutch- and French-speaking populations have called off negotiations to form a new government -- six months after national elections. Much of their disagreement is over economic issues. John Laurenson reports.
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Prospecting in 'frontier markets'
Vietnam is one of the most promising of what have come to be called "frontier markets" -- emerging economies that haven't quite emerged yet. John Authers of the Financial Times provides his insight.
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AT&T hangs up on pay-phone business
The telecommunications giant says it's selling some 65,000 coin-operated phones before cell-phone use makes them unprofitable. Janet Babin reports.
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Dell takes a hard drive at advertising
Dell started out the day as a computer company. But by the time the markets closed it had become an advertising powerhouse. The company says it's going to spend $4.5 billion to create its own ad agency. Lisa Napoli reports.
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Paulson to offer fix for mortgage mess
Treasury Secretary Henry Paulson says he hopes by the end of the week to have a plan for fixing some of the subprime mortgage meltdown -- but it's not going to be easy. Kai Ryssdal has more.
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Set goals for the 'bottom billion' to rise
Many of the world's poorest nations are sitting on commodities which are now hugely valuable on global markets. Commentator Paul Collier says it's a moment they can't afford to squander.
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Moody's may soon downgrade SIV notes
Moody's Investors Service is warning it might soon downgrade $105 billion in debt related to structured investment vehicles. It's the biggest rating cut since the subprime crisis hit last summer, and not at all what the credit industry's looking for. Jill Barshay reports.
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