Marketplace for Thursday, January 24, 2013
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President Obama made nominations for the heads of the SEC and the Consumer Financial Protection Bureau today -- how will this affect consumers? Now that Defense Secretary Leon Panetta wants to end the ban of women in combat, we compare women in combat to women on the corporate ladder. Queena Kim reports on how mobile devices have led to the death of personal computer. San Francisco 49ers quarterback Colin Kaepernick could be the latest sports star using trademarks to score big bucks. Chris Nassetta, the CEO of Hilton Worldwide, talks about solving youth unemployment worldwide. And on the Street of Eternal Happiness, Rob Schmitz reports on China’s 30-somethings and the 'sandwich generation.'
Posted In: CFPB, Consumer Financial Protection Bureau, Richard Cordray, Mary Jo White, SEC, Securities and Exchange Commission
Mary Jo White battled mobsters and terrorists as U.S. Attorney. Now, she’ll face hedge fund titans and high-speed traders to revive the SEC.
Posted In: World Economic Forum, Hilton, hotels
Some of the attendees at Davos are there doing big business. And Hilton CEO Chris Nassetta has a free place to stay.
Posted In: bailout, financial bailout, TARP, stimulus, Federal Reserve
Alan Blinder, an economist and former vice chairman of the Federal Reserve, discusses why he thinks the government doesn't get enough credit for saving the U.S. economy from a much worse fate.
Posted In: sandwich generation, China
A look at China's 'sandwich generation,' Chinese people in their 30s who carry the burden of caring for both their children and their parents. Being stuck in the middle is intensified for China's 30-somethings because they're typically only children and because of the historical arc of China's economy, they have almost nothing in common with their parents.
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