Marketplace Report for Friday, October 3, 2008

Episode Description 
Marketplace Report for Friday, October 3, 2008

Pelosi: Bailout bill just the beginning

Kai Ryssdal talks with House Speaker Nancy Pelosi about passage of the bailout bill. The congresswoman says plans are in the works to establish regulatory policies and other reforms.
Posted In: Economy, Wall Street

Financial Crisis 101: CDOs explained

Investment instruments known as collateralized debt obligations are partially to blame for the mortgage crisis. They're complicated and hard to explain, but Rico Gagliano gives it a try with help from Marketplace Senior Editor Paddy Hirsch.
Posted In: Economy, Wall Street

Bailout anger cooling among Americans

Marketplace Money Host Tess Vigeland and New York City Bureau Chief Amy Scott give Kai Ryssdal an update from their cross-country trips to see how Americans are doing in our "Road to Ruin?" series.
Posted In: Economy, Wall Street

This week: Adventures of a bailout plan

The Senate tinkered with the bailout plan, then passed it. And, lo and behold, the House passed it too. Meanwhile, the Dow took a dizzying fall. Kai Ryssdal takes a look at a week that could best be summed up as a real doozy.
Posted In: Economy, Wall Street

Suitors joust to rescue Wachovia

Wachovia has billions of dollars in toxic mortgage debt, which Wells Fargo wants to buy. But Citigroup says it's got first dibs, and Warren Buffett is in on the action too. Janet Babin sorts it out.
Posted In: Economy, Wall Street

What's next for the bailout plan?

With the financial bailout plan approved, Treasury Secretary Henry Paulson wants the operation set up within weeks to instill confidence in the markets. Washington Bureau Chief John Dimsdale looks into what that entails.
Posted In: Economy, Wall Street

Music from this show

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Black Cow
Crimson Reflections
The Black Hollies

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