06/01/09
Marketplace for Monday, June 1, 2009
Episode Description:
Marketplace for Monday, June 1, 2009
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7
No reason for public involvement in GM
Now that GM has declared bankruptcy, the question is how much the government should invest in what may be a failing enterprise. Billions have already been spent. Commentator Robert Reich asks the question: Why?
1
Can GM find turnaround in bankruptcy?
Now that GM is in bankruptcy, a lot of things need to happen for the automaker to survive. New York bureau chief Amy Scott talks with Kai Ryssdal about how GM can weather the tough road ahead, and who may benefit from the bankruptcy.
2
Why savings rate is at 14-year high
The Commerce Department says the U.S. savings rate soared to its highest level in 14 years. Why? Jill Barshay reports.
0
Will China food law cut out bad stuff?
China's new food safety law is meant to address many of its recent food product scandals. But how will the implementation go? Scott Tong reports.
1
China skeptical about Geithner message
Treasury Secretary Timothy Geithner is in China to reassure America's biggest creditor that its investment in U.S. debt is safe. But the Chinese aren't so sure. John Dimsdale reports.
6
GM's fall a case of 'creative destruction'
In the 1950s GM was the largest industrial corporation on earth, and now it's bankrupt. How did this happen? Commentator and historian John Steele Gordon provides some historical perspective.
1
U.S. hasn't learned stock market lesson
There are some indications the stock market is improving. But behavioral economist Dan Ariely says that may not be a good thing. The improvements we see right now are short term, and Wall Street still has lessons to learn.
6
Swede 'pirates' fight for Web freedom
Pirates are invading the European Union, the digital kind. The Pirate Party, which aims to abolish copyrights altogether, is picking up serious traction with Swedish youth. Brett Neely reports.
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