Marketplace for Monday, Feb. 23, 2009

Episode Description 
Marketplace for Monday, Feb. 23, 2009

How the banks' stress tests will work

The Treasury Department will submit the nation's largest banks to stress tests before they receive more aid as part of its rescue program. But how exactly will these tests work? John Dimsdale explains.

Bank's cheesy solution to hedge losses

A bank in northern Italy is surviving the downturn by relying on an unusual tradition. It's stockpiling Parmesan cheese from local producers to hedge against losses. Megan Williams reports.
Posted In: Food

Give banks vouchers so we get bucks

President Obama says taxpayer bucks that will go to the banks must be passed on to businesses or individuals for credit. Commentator Benjamin Barber offers one solution to ensure that we really do see the money: vouchers.

Suburb holds on to history in downturn

The Temecula Valley is a developing suburb in Southern California, but it's also rich with history. Steven Cuevas reports on how the area is trying to preserve its ties to the past while facing an uncertain economic future.

Who consumer protection plans benefit

First Hyundai let laid-off consumers give their cars back within a year of purchase. Now Toll Brothers will cover six months of mortgage payments for homeowners who lose their jobs. Who really benefits from these plans? Mitchell Hartman reports.
Posted In: Housing

Is a bank takeover 'nationalization'?

The U.S. government's possible takeover of troubled banks has prompted concerns about nationalization. Bob Moon talks with analyst Josh Rosner, managing director at financial research firm Graham Fisher, about what nationalization really means.

Citigroup seeks more government help

Citigroup has already received $45 billion in government aid, but the struggling banking giant is seeking more money. Ashley Milne-Tyte reports on why the bank needs more help and what form it might take.

Music from this show

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Don't Worry Be Happy
Bobby McFerrin
Two Silver Trees
Calexico
In Case The World Changes Its Mind
Medeski Scofield Martin & Wood
End Of The Day
Al Stewart