Marketplace Report for Tuesday, December 2, 2008

Episode Description 
Marketplace Report for Tuesday, December 2, 2008

Recession is latecomer to Minn. suburb

Edina, Minn., a wealthy, mostly white-collar suburb of Minneapolis, has not seen the upheavals of the economic crisis that have hit other cities -- yet. Annie Baxter reports.
Posted In: Economy

Helping homeowners stretched too far

What's it like for consumers who are trying to get out from under mortgages they can't afford? Kai Ryssdal finds out from Fred Glick of U.S. Loans Mortgage in Philadelphia.

How the ascent of money led to crisis

Niall Ferguson, author of "Ascent of Money," talks with Kai Ryssdal about how competition between banks and their drive to boost share prices has led to today's financial mess.
Posted In: Books, Economy

Last round of pleas from the Big 3

The Big Three automakers return to Congress this week to present improvements they'll make if they get bailouts. Kai Ryssdal asks industry analyst Eric Noble if smaller business models, green technology and executive pay cuts are enough.
Posted In: Auto, Economy

When Fed rate hits zero, what's next?

If the Federal Reserve lowers its interest rate to zero -- and there have been indications that might happen -- it can't go any lower. So, what's left? Nancy Marshall Genzer reports.
Posted In: Economy

Now Goldman Sachs could post loss

Goldman Sachs seems to have avoided the financial crises of its Wall Street rivals so far, but it's expected to post its first quarterly loss in almost a decade. Alisa Roth reports.
Posted In: Economy

New wave of delinquencies on the way

A new forecast sees delinquent mortgages nearly doubling by the end of next year. Homeowners with adjustable-rate mortgages, in particular, are in danger of getting squeezed. Jeff Tyler reports.

Music from this show

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Message In A Box
The Police
Margerine Eclipse
Stereolab
The Best Of The Call
The Call
Rook
Shearwater
Bluebird Of Happiness
Mojave 3