10/22/08
Marketplace Report for Wednesday, October 22, 2008
Episode Description:
Marketplace Report for Wednesday, October 22, 2008
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16
AIG chief's new job: Selling assurance
The new CEO at AIG, Ed Liddy, not only has to turn the company around, he's got to deal with some really bad press. Kai Ryssdal talks with him about the challenges ahead in our latest installment of Conversations From the Corner Office.
0
MLB studying safety of maple bats
Maple wood baseball bats are favored by about 60% of Major League Baseball players because they perform better. But maple bats can shatter and hurt people, which has drawn the scrutiny of an MLB safety committee. Nancy Farghalli reports.
12
Maybe 'too big to fail' is just too big
Taxpayers are bailing out huge Wall Street banks because their collapse would spell doom for the financial system. But commentator Robert Reich thinks it's odd to also allow those companies to consolidate and get even bigger.
0
Fed acts to boost interbank lending
The Fed is jockeying to control the interest rate on loans that banks make to each other. Who cares? You should. Those rates affect the ability of consumers and businesses to get loans. Nancy Marshall Genzer reports.
10
Touring the new Google-powered phone
Finally, it's here -- T-Mobil has started selling the Google-powered G1 smart phone. So what's all the fuss about? Kai Ryssdal talks with Kevin Pereira of G4 TV to find out what it does.
2
U.S. dollar bouncing back
When the value of the U.S. dollar dropped, Americans traveling out of the country were bummed. But American companies made good money doing business overseas. Well, the tide is turning. Senior Business Correspondent Bob Moon reports.
2
SEC wants executive salaries reined in
Millions of dollars flood into the bank accounts of CEO's as a reward for high-risk behavior. Should CEO's still be making millions while taxpayers bail out their struggling companies? Marketplace's Stacey Vanek-Smith reports.
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