Marketplace for Monday, May 21, 2012
Episode Teaser Image:
Facebook stock is slumping, as is everything else on the NASDAQ. Were the naysayers right? There's been a lot of talk of the potential losers from JPMorgan, but there are winners as well. A Chinese company is paying $2.5 billion for the U.S. cinema chain, AMC. Commentator Dave Lauer talks about how high-frequency trading unsettled markets and his conscience. Universities continue to open new pharmacy schools, even though fewer jobs are available. And Kai Ryssdal talks to Ralph Eubanks, director of publishing at the Library of Congress, about how these campaign posters reflect the economic issues central to different elections.
Posted In: presidential candidates, presidents, campaign
Ralph Eubanks, director of publishing for the Library of Congress, talks about the new book, "Presidential Campaign Posters," and what has and hasn't changed about campaigning throughout the years.
Posted In: high-frequency trading, traders, trading
Commentator Dave Lauer worked in high-frequency trading until he had a crisis of conscience.
Posted In: AMC, movie theaters, China
It’s a lot of money, but Chinese ownership is no big deal for most Americans.
Posted In: baggage fees, Airlines
And that's down from 2010.