06/29/09
Marketplace for Monday, June 29, 2009
Episode Description:
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3
Michael Lewis on the fall of Wall Street
Michael Lewis, author of "Liar's Poker," talks with Kai Ryssdal about the end of Wall Street's golden years and who and what he thinks are to blame for today's fiscal calamity.
7
Debt wasn't always the enemy
The subprime mortgage debacle has given debt a bad rap lately. But there was a time when borrowing money helped establish a strong middle class. Stephen Smith reports.
3
The fireworks show must go on
Some cash-strapped cities and towns are nixing Fourth of July celebrations because they can't afford expensive fireworks displays. But one Massachusetts town won't let the economy ruin its holiday. Curt Nickisch reports.
0
Attack halts Nigeria oil production
The Nigerian guerrilla group responsible for recently destroying an off-shore Shell oil platform has been fighting foreign oil companies for years. Carola Hoyos of The Financial Times talks with Kai Ryssdal about the situation in the African nation.
6
Fee hikes bounce to debit cards
Companies may have found a way around new laws that limit fees on credit cards. Now it could be debit cards that cost you a little extra. John Dimsdale reports.
1
Madoff victims react to verdict
Bernard Madoff was sentenced today to 150 years in prison for his multibillion-dollar Ponzi scheme. We hear from some of his victims who were on hand for the ruling.
2
Toxic assets still looming in the murk
The U.S. banking system is still being dragged down by toxic assets, and a plan to get rid of them has run into some major obstacles. Amy Scott reports.
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