04/03/08
Marketplace for Thursday, April 3, 2008
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Bear Stearns deal called necessary
Head of government agencies and investment banks went before a Senate committee to defend the Fed rescue of Bear Stearns, saying greater economic harm would have resulted if action weren't taken. Bob Moon reports.
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Stimulus options should be tested first
The IRS says tax rebates will start going out on May 2. Commentator and behavioral economist Dan Ariely says the government might not realize it, but the way we get our cash will affect the way we spend it.
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Wall Street is betting on home builders
The money on Wall Street is again flowing into home building. Marketplace's Jill Barshay reports on why investors are betting against the housing bust.
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Soros: Financial crisis worst since '30s
Investor and philanthropist George Soros says the financial system as we know it is broken. He talks with Kai Ryssdal about his new book in which he offers what he calls a new paradigm for the financial markets.
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Are new suits a good fit for swimming?
Speedo's new LZR Racer swimsuit is going to be the hottest thing in the Olympic pool this summer. Some are crediting it for the world records that have been falling during qualifying trials this spring. Diana Nyad tells Kai Ryssal more about it.
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