03/27/08
Marketplace for Thursday, March 27, 2008
Episode Description:
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Report blames New Century, KPMG
An investigation into the subprime meltdown and the credit crunch has shed new light on how the wheels fell off the economy. And there's plenty of blame to go around. John Dimsdale shares the details with Kai Ryssdal.
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Insurance rates drop for young drivers
Some of the biggest auto insurance companies are now offering discounts to a group that is typically the riskiest and most expensive to insure -- young drivers and their parents. Jeremy Hobson reports.
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Will 'Open Skies' clog Heathrow?
A new agreement allowing more carriers to offer transatlantic flights is expected to bring thousands of additional American travelers to London's Heathrow Airport. And many Londoners are not too happy about it. Stephen Beard reports.
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Fed hopes auction will get things moving
The Fed has pumped another $75 billion into the frozen credit markets with the first auction of loans to investment banks that it promised as part of the bailout of Bear Stearns. Will the effort restore confidence to the credit markets? Jill Barshay reports.
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Now YouTube is watching you
YouTube, the online video pioneer, has rolled out a way to make tracking your Web-surfing interests and tendencies even easier. And advertisers are going to love it. Lisa Napoli reports.
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Fight, fight, fight for school song rights
School fight songs aren't all just team spirit and nostalgia. A lot of people are making money off of them, as Tanya Ott reports.
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Airbus is just as 'American' as Boeing
Competition between Airbus and Boeing is often cast in nationalistic terms. But commentator Benjamin Barber says that in today's global economy, the idea that Boeing is American while Airbus is foreign is simply antiquated.
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Iraq bombing increases oil pressures
The price of oil jumped to $107.50 a barrel today after insurgents in Iraq blew up a crucial pipeline. Jeff Tyler reports on the pricing cause and effect.
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