Marketplace for Thursday, July 9, 2009
Posted In: Crime
Rupert Murdoch's U.K. paper "News of the World" is accused of phone tapping and hiring private investigators to find dirt on high-profile people. The allegations say they then paid large sums of money to cover it up. Kai Ryssdal talks with Stephen Beard.
Posted In: Jobs
Brokers and deal makers used to be the popular kids on Wall Street, but the economic collapse has changed all that. Kai Ryssdal talks with Randy Beatty, dean of the Leventhal School of Accounting at USC, about what is now the sexier financial occupation.
With unemployment above 9.5% and companies continuing to shed jobs, debate is increasing over whether another stimulus package would help. Commentator and economist Justin Wolfers says there's no question -- the economy needs a further boost.
A week after California started issuing IOUs for its unpaid bills, a market has started forming to buy and sell them. Julie Small reports.
The South American country is seeking $3 billion in carbon credits in exchange for leaving some of its Amazon oil reserves untapped. Sam Eaton reports.