Marketplace PM for August 22, 2007
Posted In: Housing, Investing, Wall Street
Relative calm has settled in the stock markets. But there are still some unsettling noises coming from the housing and mortgage industries. Recently, tens of thousands of people in the lending business have lost their jobs. Bob Moon reports.
There's been some talk that all the problems China is having with manufacturing can be traced to its get-rich economic system. But commentator Robert Reich says our brand of free market isn't squeaky clean either.