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Marketplace PM for August 15, 2007

Episode Description 

What score do rating agencies get?

There are lots of bogeymen in the subprime crisis -- lenders, brokers, investors, even homeowners. And here's another one: credit rating agencies. Kim Clark of U.S. News and World Report explains their role.
Posted In: Housing, Investing, Wall Street

Wildfires snuff out business

Smoke and flames have forced the U.S. Forest Service to close two popular stretches of the Salmon River in Idaho. And that's left quite a few businesses up a creek. Elizabeth Wynne Johnson reports.
Posted In: Retail

Whole Foods' secrets are out of the box

Documents detailing Whole Foods' proposed takeover of the Wild Oats chain, accidentally left exposed on a court website, provide a glimpse into how the natural food chain is playing hardball against Wal-Mart. Bob Moon reports.
Posted In: Retail, Washington

Fox deal with writers has got buzz

20th Century Fox has reached agreement with a group of top screenwriters that would pay them smaller advances in exchange for allowing them a percentage of the profits if their movies get made. Lisa Napoli reports.
Posted In: Entertainment

iRate over iPhone bills

Some iPhone users are getting more than they bargained for -- like 300-page phone bills from AT&T. Ashley Milne-Tyte reports.

U.S. increasing pressure on Iran

The Bush administration is reportedly taking steps to list Iran's Revolutionary Guard, which has substantial business operations, as a terrorist organization. The move would also put pressure on countries still doing business with Iran. Stephen Beard explains.
Posted In: Washington

Beach reads: 'Little Dorrit'

Commentator David Frum offers up a Dickens classic that's all about the markets.
Posted In: Books

Jumbo loans feel subprime weight

Some in Congress and the mortgage industry want the government to allow Fannie Mae and Freddie Mac to buy up bigger loans. So far, no deal. Stacey Vanek-Smith reports on how that's affecting potential homebuyers in some of the country's most expensive housing markets.
Posted In: Housing, Investing, Wall Street

Music from this show

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A New Day at Midnight
On And On
ArtDontSleep presents From LA With Love
Various Artists
Beat This: The Best of English Beat
The English Beat
Everything Is Nice Matador Records