03/26/09
Marketplace for Thursday, March 26, 2009
Episode Description:
Marketplace for Thursday, March 26, 2009
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2
Sioux Falls jobs drop as defaults soar
After Sioux Falls got rid of its credit card interest rate limits, financial giants moved in and brought thousands of jobs to the city. But with defaults soaring, the job market has tanked. Stacey Vanek-Smith reports.
60
Why home ownership is U.S. obsession
Kai Ryssdal speaks with Columbia Professor Edmund Phelps about the reason why so many Americans want to own their own homes.
0
Iceland in the cold after collapse
Iceland's economy crashed last year after its three largest banks collapsed. Stephen Beard reports on how the country is coping with the fallout.
3
U.S. food tracing system is moldy
A new Health and Human Services report reveals disturbing gaps in the government's ability to trace food sources. Janet Babin reports.
5
Fed as super-regulator a super bad idea
Congress is seeking to create legislation to regulate the broken financial system. Commentator Susan Lee says one idea to make the Federal Reserve a super-regulator isn't very super at all.
0
Industry unhappy with regulatory plans
The financial industry knows regulatory changes are coming soon, but that doesn't mean they have to like it. Jeremy Hobson reports on the industry's reaction.
0
New regulations match modern finance
Treasury Secretary Timothy Geithner says as financial instruments have gotten more complex, government regulators haven't kept up. That's why he's asking Congress for more authority to regulate the system. John Dimsdale reports.
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