07/20/07
Marketplace PM for July 20, 2007
Episode Description:
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Finding a few cracks in banks' earnings
The country's big banks are making big money. Citigroup, Wachovia, Bank of America and SunTrust have reported strong profit growth. But a closer look shows some cracks in the system. Amy Scott reports.
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Were hedge funds' investors misled?
Now that Bear Stearns has told investors in two of its high-profile hedge funds that their money's essentially gone down the subprime drain -- all $1.5 billion -- threats of lawsuits are flying. Alisa Roth reports.
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Student borrowers may have it easier
The Senate has passed the Higher Education Access Act, which would direct more money to grants and student aid. If approved by the president, it's expected to make paying for college easier for students. Jeremy Hobson reports.
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Publishers close book on signing parties
Once upon a time, publishers would go the extra mile to help their first-time writers. But no longer. Sally Herships reports that the book party, which used to be a staple of the publishing industry, has largely vanished.
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Week on Wall Street
Stockbroker and business analyst David Johnson talks with host Kai Ryssdal about Wall Street's record-setting week and what may lie ahead.
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Stop America's farm socialism
Debate continues in Congress on the $250 billion farm bill. On Thursday, the House Agriculture Committee voted to end payments to the wealthiest farmers. Commentator Stephen Moore says it's a small step in the right direction.
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In Singapore, it pays to procreate
Faced with a falling birthrate, Singapore has taken an unusual approach to pushing couples down the path of having babies. Rachel Louise Snyder reports.
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This is your brain on Harry Potter . . .
Some Harry Potter fans have been trying to find advance copies of the latest book on the black market. Which got The Marketplace Players thinking about how the series is addictive -- really addictive.
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