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Marketplace Report for Wednesday, October 1, 2008
Oct 1, 2008

Marketplace Report for Wednesday, October 1, 2008

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Marketplace Report for Wednesday, October 1, 2008

Segments From this episode

Exactly what is 'mark-to-market'?

Oct 1, 2008
Part of the Senate's financial rescue plan would suspend something called "mark-to-market" rules of accounting. Jeremy Hobson explains what that "something" is and what would happen if it went away.

Senate sweetens the rescue bill

Oct 1, 2008
To attract more votes to their version of the rescue plan, Senate leaders added items to the bill that was rejected by the House, in hope of winning votes. Washington Bureau Chief John Dimsdale has more.

House Republicans want another try

Oct 1, 2008
The House rescue plan failed by only 12 votes. Now, a block of House Republicans wants to rewrite the bill with a more market-based approach. Nancy Marshall Genzer finds out what that includes.

Why Main Street hates Wall Street

Oct 1, 2008
A majority in the House voted against the financial rescue bill, in part, because they were swamped with calls from angry constituents. Kai Ryssdal asks behavioral economist Dan Ariely why Americans want revenge.

Inside the credit crunch

Oct 1, 2008
Money for loans is available; it's just that it costs a lot of money to borrow it. So, for many businesses, the credit crunch is very real. Mitchell Hartman reports.

Credit Crisis Confusion: the one-act play

Oct 1, 2008
Just how did we get into this credit crisis? The ongoing story is full of confusing terms and obscure financial products. Even the sellers didn't know what they were. The Marketplace Players try some out.

Bailout dissenter talks about Senate bill

Oct 1, 2008
After the financial rescue plan failed in the House, Kai Ryssdal checked in with Democratic Rep. Peter DeFazio to talk about his No vote. Now that the Senate has come up with a new version, Kai calls him back.

A road trip to see how America is doing

Oct 1, 2008
Marketplace Money host Tess Vigeland and New York City Bureau Chief Amy Scott are crossing the country to see how Americans are doing. They get our "Road to Ruin?" series rolling by talking to Kai Ryssdal from San Francisco and Charlotte, N.C.

Marketplace Report for Wednesday, October 1, 2008

Music from the episode

Soul Song Shirley Scott
Roadrunner The Modern Lovers
Auto Pilot Lusine