Marketplace Report for Thursday, October 16, 2008

Episode Description 
Marketplace Report for Thursday, October 16, 2008

Trust is a victim in the financial crisis

Banks don't trust each other. Investors don't trust the market. And, people think their mattresses are the safest place for cash. Tess Vigeland talks with Kai Ryssdal about trust, the subject of a special weekend show.

Mark Cuban and his bid to buy the Cubs

Mark Cuban, the brash billionaire entrepreneur and owner of the Dallas Mavericks, is among the top bidders for the Chicago Cubs. Kai Ryssdal calls on ESPN's Gene Wojciechowski to ask: Who is this guy?
Posted In: Sports

Is a company hurt when its shares fall?

When a stock falls, investors have a pretty good idea that it means less money for them. But what does it mean for the company? Do falling shares affect its bottom line? Marketplace's Jeff Tyler finds out.
Posted In: Wall Street

FDIC chair speaks out against bailout

FDIC Chairwoman Sheila Blair is publicly criticizing the administration's $700 billion bailout package, saying it doesn't do enough to help Americans facing foreclosures. Sarah Gardner reports.
Posted In: Housing

Southwest's hedge on fuel backfires

At first, it looked like Southwest Airlines hedged its bets well when it prepaid for fuel because prices were going up. Unfortunately, now oil prices are falling. Janet Babin has more on Southwest and airlines in general.
Posted In: Airlines, Oil

Hedge fund failures a dangerous sign

A growing number of hedge funds have gone from big winners to big losers. Highland Capital Management is shutting down two of them, blaming "unprecedented market volatility." Senior Business Correspondent Bob Moon reports.
Posted In: Wall Street

Former board member's take on the Fed

Have we made the turn from planning a bailout to managing the recession? What's next for interest rates? For answers to these and other questions, Kai Ryssdal turns to former Fed Board member Frederic Mishkin.
Posted In: Economy

Unused cash piling up at the Fed

When banks don't lend to each other one side effect is that hundreds of billions of dollars in cash can pile up -- unused -- at the Federal Reserve Bank. Steve Henn reports that may not be a good sign for the economy.
Posted In: Economy

Music from this show

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Fly School Reunion
Return of the Bastard
Tower of Love
Maybe We're Making God Sad And Lonely

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