Marketplace Report for Friday, November 21, 2008

Episode Description 
Marketplace Report for Friday, November 21, 2008

Tough week for the economy all around

No bailout for Detroit. Citigroup stocks took a dive. So did the markets, at least before the Treasury choice surfaced. Kai Ryssdal asks trader Andy Brooks and Felix Salmon of portfolio.com about an ugly week.
Posted In: Auto, Economy, Wall Street

What happens in after-hours trading?

After the bell rings on Wall Street, trading still goes on, but at a trickle compared to the regular trading period. Why doesn't trading go full-speed, 24/7? Mitchell Hartman explains.
Posted In: Investing, Wall Street

Corporate board members bowing out

The financial crisis is putting so much pressure on top company executives that many of them are leaving posts on the boards of other corporations because it's just too much. Renita Jablonski reports.
Posted In: Economy, Jobs

Career moves for laid-off auto workers

GM has announced more layoffs. But while GM shrinks, the natural gas industry is doing some hiring. So could ex-GM workers go from assembling power trains to driving drill bits into the earth? Kate Archer Kent reports.
Posted In: Auto, Jobs, Oil

N.Y. Fed Chief said to be Treasury pick

Sources close to Obama's transition team are confirming reports that Obama will nominate Timothy Geithner, President of the N.Y. Federal Reserve Bank, to be Treasury Secretary. John Dimsdale reports.

Pelosi to Big 3: Bring us a plan

House Speaker Nancy Pelosi and Senate Majority Leader Harry Reid promise to try to get help for automakers after Thanksgiving. But the automakers have to make a convincing argument for why they need it. Alisa Roth reports.
Posted In: Auto, Economy

Citigroup stocks take dramatic fall

Citigroup stocks were selling at a dizzying pace on reports that the troubled company might be considering a merger. How did things get so bad for Citigroup so quickly? Ashley Milne-Tyte reports.
Posted In: Economy, Mergers and Acquisitions

What has the bailout done so far?

Billions have been spent on the bailout already, and we've been keeping track. Steve Henn reports where the money went for our series "Tracking the Bailout."
Posted In: Economy, Wall Street

Music from this show

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Goo
Sonic Youth
Kensington Blues
Car Alarm
The Sea and Cake
White People (Instrumental)
Handsome Boy Modeling School

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