02/23/06
Marketplace PM for February 23, 2006
Episode Description:
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Fannie Mae cleans up
After regulators accused mortgage finance giant Fannie Mae of manipulating earnings to meet Wall Street expectations, the company commissioned a review of itself. The report says Fannie Mae has cleaned house, and that no one responsible for the fraud remains with the company. Amy Scott has more.
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Real income drops
US family incomes fell in 2004 while median household incomes edged up, according to a new Federal Reserve study. The Fed noted that American families have been strongly influenced by a decline in the overall median amount of wages. Curt Nickisch looks into the numbers.
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The Lenovo ThinkPad
The Chinese computer manufacturer Lenovo begins selling Lenovo-branded computers outside of China today. Lenovo is the world's third-largest computer maker after Dell and Hewlett-Packard. Will the Lenovo brand fly with American consumers? Bob Moon has the story.
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Middle East investment in the US
The White House has been trying to put to rest the controversy over a company from Dubai taking over operation of some US ports. With all the oil money, you might think the Middle East would be a big source for US foreign investment. Not so. Kai talks with Bruce Stokes, a columnist for the National Journal in Washington.
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New international maritime bill of rights
The International Labor Organization has adopted a new bill of rights for all maritime workers. But how enforceable is it? Hillary Wicai reports.
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Kings of convenience
Andrea Gardner reports on Famima, a Japanese company that's out to give the mini-mart a makeover.
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Tehran's new oil exchange
Analysts in London have spotted a curious development: A plan to launch a new oil exchange in Teheran. They say the Iranians are trying to develop a financial weapon. From London, Stephen Beard reports.
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Step away from the BlackBerry...
A federal judge is set to decide tomorrow whether a patent lawsuit against the company that makes Blackberries should go forward. Worst case, if you're a user, is that the judge could shut down sales and service of Blackberries in the US. For commentator JD Samant, that might not be such a bad thing.
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