Marketplace PM for September 6, 2005
Former Fed Chairman Paul Volcker has spent the past year looking into the UN's Oil for Food program. Today Volcker's team described corruption and failure of leadership that leads straight to the top. Amy Scott reports.
Regular life is getting marginally better in New Orleans. Pumps are getting some of the flood water out and Mayor Ray Nagin said he's begining to see rays of light. Host Kai Ryssdal talks to Mira Oberman.
Think breached levees, flooded highways, and washed-out roads. Economist and and commentator Robert Hormats says national security is one big reason to fix the public infrastructure.
The check may well be in the mail. But what if the mail doesn't know where you are? Host Kai Ryssdal talks to Cliff Rucker, District Manager for the Postal Service in Houston — kind of the Postmaster of the Astrodome.
Waveland, Mississippi, is right on the Gulf of Mexico. 7,000 people lived there — until Hurricane Katrina hit. Almost the only building still standing is the Coast Inn and Suites; Dan Grech reports on the new society there.
Congress, in its first full day back at work since July, wants to talk energy. Members of the Senate Energy Committee, like Pete Domenici, want to know why gas prices are hovering so high. John Dimsdale reports.
Hurricane Katrina been leaving its mark on the price of oil — and other commodities, too. Prices for everything from zinc and copper to coffee and sugar have been rising. Business Editor Cheryl Glaser reports.
In all, more than 90 countries — a dozen of then from the European Union — have responded to the U.S. appeal for emergency aid to help victims of Hurricane Katrina. Stephen Beard reports.