Marketplace for Thursday, Jan. 24, 2008

Episode Description 

Housing First needs a strategy to last

With the number of homeless in America rising, Washington has devised a program called Housing First to get people off the streets. Commentator Brendan Koerner says that while the program is based on a tried and true business strategy, the money could be better spent.

Should we stay or should we sell?

Home sales usually pick up in January. But not this year. The credit squeeze has made home loans harder to come by. So sellers are thinking twice before they put their places up for sale. Sally Herships met one couple who are trying to decide.

Rate cut will help home market -- a bit

This week's interest rate cut by the Fed will give the housing industry a shot in the arm. But what will it mean for homeowners and potential home buyers? Steve Tripoli reports.
Posted In: Economy, Housing

Can Wall Street drama get MOJO on?

MOJO, a high-definition TV channel, is trying to pump up its ratings with some financial flash. Tonight it debuts a new show called "Wall Street Warriors." Jill Barshay takes a look.
Posted In: Entertainment, Wall Street

A primer on bond insurers' mess

New York's insurance regulator says investment banks may have to pony up as much as $15 billion to bail out their insurance companies. Why? Kai Ryssdal turns to Marilyn Cohen of Envision Capital Management to get a bond-insurance primer.
Posted In: Economy, Wall Street

Clinique finds market wrinkle to fill

Cosmetics maker Clinique is teaming up with Botox maker Allergan to sell a product line exclusively for use in doctors' offices. Ashley Milne-Tyte reports.
Posted In: Health

French bank loses billions to fraud

Societe Generale, the second-largest bank in France, says one of its traders racked up $7.14 billion in losses from fraudulent transactions. How did he do it? Stephen Beard reports.
Posted In: Wall Street

Stimulus aims to put cash in our pockets

Americans can expect a hefty tax refund from the I.R.S. this spring, and homebuyers will have an easier time getting home loans if a proposed economic stimulus plan agreed to by the Bush administration and House Democrats is enacted. Stacey Vanek-Smith reports.
Posted In: Economy

Music from this show

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The Best of INXS
Natural Wonder: Live in Concert
Musique Automatique
The Runners Four

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