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Marketplace PM for March 2, 2007

Episode Description 

Wall Street's wake-up call

Comptroller General David Walker felt this week's U.S. market plummet was a call to attention for the country, and that maybe we shouldn't always depend on foreign investors to bail us out. Bob Moon has the story.
Posted In: Wall Street, Washington

Bush's budget plan doesn't quite balance

Congress said the president's spending plan for the next fiscal year fails to balance the nation's books by 2012. A couple of senators have come up with a plan for turning back the tide of red ink. Nancy Marshall Genzer reports.

ExxonMobil's not fighting the Chavez takeover

Venezuela's President Hugo Chavez said this week his government will take over control of four key oil projects, including one held by ExxonMobil. He's set an ambitious 60-day deadline for the handover. Dan Grech reports.

Who will be the next Warren Buffett?

Faced with his own mortality, the 76-year-old Berkshire Hathaway CIO wants to find someone younger to take the reins. Bob Moon talks to Buffett biographer Andy Kilpatrick about filling Buffett's shoes.
Posted In: Investing

Brits won't take fees lying down

While the U.K.'s biggest banks are reporting record profits, consumer groups say hundreds of thousands of customers should get their money back. Stephen Beard reports.
Posted In: Canada

Are we recovered yet?

The U.S. stock market is still reeling from Tuesday. Bob Moon checks in with business analyst David Johnson about how we're doing.
Posted In: Wall Street

How 'free' are union workers really?

The House's Employee Free Choice Act would make it easier for employees to unionize before their employers knew what hit them. But commentator Seth Borden thinks the bill is just a way for unions to be more pushy.

A winning innovation for philanthropy

Scientists now have a new way to get motivated as more companies offer their philanthropy in the form of prizes. Pat Loeb reports on the X Prize Foundation.