Marketplace PM for December 6, 2006

Episode Description 

$11 billion hole in Fannie Mae's accounting

Mortgage finance company Fannie Mae has issued a long-awaited earnings restatement today, its first since an accounting scandal surfaced two years ago. Host Kai Ryssdal talks to Marketplace's Amy Scott.
Posted In: Wall Street

Emergency war funding must stop

The Iraq Study Group today offered President Bush a slew of recommendations on how to move forward in Iraq. One item on the list: a more straightforward and transparent funding mechanism for the war. John Dimsdale reports.
Posted In: Canada

FEMA fails progress report

FEMA continues to mishandle millions of dollars in Katrina aid and has failed to recovered most of the money lost to fraudulent claims. Those are just two of the highlights in a GAO report released today, Stacey Vanek-Smith reports.
Posted In: Washington

Victoria's new secret: recycled paper

Victoria's Secret sends out over 360 million catalogs each year, so it's a huge environmental victory that the company has agreed to use at least some recycled paper in its mailings. Sarah Gardner reports.

It's one way to quiet dissent

Russia's state-controlled gas monopoly Gazprom is poised to purchase . . . a tabloid newspaper? Critics are questioning the move after years of underinvestment and mismanagement by the company. Stephen Beard reports.
Posted In: Canada

Medical records at your fingertips

A handful of private companies are set to provide employees with their own portable electronic medical records. Many workers welcome the convenience, but privacy advocates worry their information could be misused. Dan Grech reports.
Posted In: Health

Health care needs 300 million-payer system

Employers can't afford the healthcare system we've got. Government can't fix it. And commentator Newt Gingrich says the solution actually rests in the American people.
Posted In: Health

Energy solution or noxious weed?

A grass being planted to provide biofuel electricity in Florida is raising concern among some environmental groups there. Janet Babin explains.