Oct 23, 2008

Marketplace Report for Thursday, October 23, 2008

Segments From this episode

Hope at last for struggling homeowners

by John Dimsdale

Oct 23, 2008

The government's financial bailout team is turning its attention to helping struggling homeowners avoid foreclosure -- finally, some would say. Washington Bureau Chief John Dimsdale has details.

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Fallout: The Financial Crisis

Alan Greenspan's 'shocked disbelief'

by Nancy Marshall-Genzer

Oct 23, 2008

Former Fed Chairman Alan Greenspan told Congress he's "shocked" at the financial meltdown. He did concede his belief in deregulation was flawed, but Nancy Marshall Genzer asks, did Greenspan really not see this coming?

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Fallout: The Financial Crisis

Will GM benefit cuts become a trend?

by Jeremy Hobson

Oct 23, 2008

GM is suspending its contributions to employee 401k's, a rare step that affects thousands of GM workers. Will other companies follow suit as they struggle to cut costs? Jeremy Hobson has the story.

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Fallout: The Financial Crisis

The sky didn't fall on Lehman swaps

by Amy Scott

Oct 23, 2008

Hundreds of billions in losses were expected from Lehman Brothers' credit default mess. But the reality wasn't so disastrous after all -- more like $5 billion. New York City Bureau Chief Amy Scott reports.

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Fallout: The Financial Crisis

Ca-ching goes the Federal Reserve

by Rico Gagliano

Oct 23, 2008

The Federal Reserve has bailed out Fannie Mae, Freddie Mac, Bear Stearns, Lehman Brothers. And there's more to come. The total is estimated at $1.4 trillion. Wondering where that money comes from? Rico Gagliano finds out.

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Fallout: The Financial Crisis

Old mortgage practice has merit

by Marketplace Staff

Oct 23, 2008

The plan to help homeowners facing foreclosure will cost $40 billion, and the money would come from the original pool of bailout money. But commentator Andrew Caplin resurrects an old idea that doesn't involve all that cash.

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Fallout: The Financial Crisis

Stupid decisions that sink businesses

by Marketplace Staff

Oct 23, 2008

If recent business disasters prove anything, it's that some people never learn. Kai Ryssdal talks with the authors of "Billion Dollar Lessons," a book on how the same mistakes caused 750 companies to fail.

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Obama's ready for prime time

by Steve Henn

Oct 23, 2008

Barack Obama will run half-hour prime time ads on national networks next week. The payoff: Reaching 20 million Americans right before the election. The cost: about $3 million. But, Steve Henn reports, it's not like he's short on cash.