Marketplace PM for March 20, 2007

Episode Description 

Subprime lending from the ground floor

We've heard a lot about the big names in subprime lending lately. But people like Frances Geary are struggling to keep their homes as mortgage payments rise. She talked with Jane Lindholm from her Upland, Calif., residence.
Posted In: Housing, Investing

Lessons from the mortgage-default wave

The number of failed mortgages is continuing to rise. Marketplace's Steve Tripoli talks with Kai Ryssdal about the shenanigans that have put a lot of new homeowners in trouble.
Posted In: Housing, Investing

Different party, same game

Democrats may have given everyone the impression they would change the pay-to-play practices on Capitol Hill. But commentator Jeff Birnbaum says it's the same story as before — maybe worse.
Posted In: Washington

Breaking with tradition

An estimated 70% of Papua New Guinea's population lives in poverty. Men have mostly been the wage earners. But economic opportunities for women are changing traditional gender roles. Skye Rhode reports.
Posted In: Canada, Investing

Congress wants a look under the couch cushions

IRS Commissioner Mark Everson went to Capitol Hill today to explain what the IRS is doing to collect more than <nobr>$345 billion</nobr> that taxpayers owe but it can't seem to find. Hillary Wicai reports.
Posted In: Taxes, Washington

Health administrator, heal thyself

Americans have the most expensive health care in the world. And a study released today says about 30 cents of every dollar paid for our health goes to administrative costs. Helen Palmer reports.
Posted In: Health

China may slow foreign investment

China is reportedly planning to stop buying foreign reserves &mdash; no small matter when its investments in U.S. Treasury bonds prop up the dollar. Yet, currency traders don't seem worried. Amy Scott reports.
Posted In: Canada, Investing

Booyah! . . . oops

Jim Cramer, host of CNBC's Mad Money and the former manager of a successful hedge fund, is known for having a big mouth. And in a recent interview he may have said too much.
Posted In: Entertainment, Investing