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Marketplace for October 26, 2011

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Episode Description 
We looked at who is the top 1 percent and how are they are making their money. President Obama announced a new plan to ease the pain of student loan repayment. Former Goldman Sachs director Rajat Gupta was indicted for insider trading. Personal relationships are affecting the eurozone talks. Floodwaters in Thailand are threatening manufacturing facilities of many multinational corporations. Efficiency efforts to bring down global computing power consumption may be better pointed elsewhere. Lastly, Todd Buccholz's commentary saw the Greek bailout as a question of German culture.

Obama announces plan to lower student loan payments

The president wants to reduce the maximum possible payments and forgive remaining debt after 20 years. We get some perspectives on student loan debt.
Posted In: Education

Rajat Gupta indicted for insider trading

The former senior partner and director at McKinsey & Company was indicted this morning for feeding trading tips to convicted insider trader Raj Rajaratnam.
Posted In: Wall Street

Thai floods avoid capital but hit manufacturing

An intricate system of dykes and canals has kept floodwater out of Thailand's capital Bangkok, but diverted it to floodplains that house manufacturing facilities of many multinational corporations.

The power to run the Internet

Efficiency efforts to bring down global computing power consumption may be better pointed elsewhere.
Posted In: Internet

Top 1 percent more on top than ever

A government report says that over the past 30 years the top 1 percent in the U.S. doubled their share of national income. Who are the rich and how do they earn their living?
Posted In: Economy

Mixed feelings about China's new river

A man-made waterway will carry water 1,000 miles from the Yangtze river to Beijing. It'll help with China's urban water shortage problem, but at huge costs to communities and the environment.
Posted In: China

The state of the economy -- in haiku

This final note today, in which economy-watchers wax poetic. The Kauffman Foundation does a quarterly survey of economic bloggers, concentrating...
Posted In: Final Note

Personal drama hangs over eurozone talks

The three key figures in the eurozone bailout discussions aren't quite getting along, and the drama has not helped in finding a solution.

Id, ego, and debt: The Greek bailout

The Greek bailout has a lot to do with the history between Germany and Greece.
Posted In: greek bailout

Letters: The grasshopper and the ant

Going over listeners' responses to past broadcasts. This week: your versions of the grasshopper and ant fable, and how it relates to Greece.

Music from this show

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Spilt Milk (Inst)
Dujeous
Ritual Union
Little Dragon
Gotta Be Something
D-Tension
Shoppers Paradise
Carter The Unstoppable Sex Machine
Northside Diehard (Instrumental)
Matlock