Marketplace Report for Thursday, October 16, 2008
Oct 16, 2008

Marketplace Report for Thursday, October 16, 2008

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Marketplace Report for Thursday, October 16, 2008

Segments From this episode

Unused cash piling up at the Fed

Oct 16, 2008
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.

Former board member's take on the Fed

Oct 16, 2008
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.

Hedge fund failures a dangerous sign

Oct 16, 2008
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.

Southwest's hedge on fuel backfires

Oct 16, 2008
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.

FDIC chair speaks out against bailout

Oct 16, 2008
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.

Is a company hurt when its shares fall?

Oct 16, 2008
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.

Mark Cuban and his bid to buy the Cubs

Oct 16, 2008
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?

Trust is a victim in the financial crisis

Oct 16, 2008
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.
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Marketplace Report for Thursday, October 16, 2008

Music from the episode

La Califas Perdido Tommy Guerrero
My Patch Jim Noir
Mary Cogswell & Fred Vaillancourt Dreamend