Marketplace for Thursday, November 15, 2012

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Episode Description 
BP has pleaded guilty to criminal charges and will pay $4.5 billion in a settlement with the U.S. government. The Federal Housing Administration may be in need of a bailout. More than a year later after the rise of Occupy Wall Street, supporters are looking to wipe out the debt of strangers. Facebook has launched a new app for job seekers. We hear about how the Internet affects how recording artists are paid. Reporter Jeff Tyler finds that the porn industry may be looking to set up shop outside of Los Angeles. And if we fell off the fiscal cliff for two weeks, would it be such a bad thing?

Porn industry threatens to leave Los Angeles

A new rule requiring condoms in all adult films has porn studios considering a move out of the San Fernando Valley.
Posted In: porn, condoms, San Fernando Valley

Another housing agency may need bailout

The Federal Housing Administration may need taxpayer money as delinquencies mount on loans it guaranteed for first-time home buyers.
Posted In: Federal Housing Administration, Housing, bailout

A musician on his 21-cent royalty check

Musician Damon Krukowski discusses the challenges of making a living in the era of Pandora.
Posted In: Music, pandora, spotify, royalties

A $200 million gift and a medical school

Mt. Sinai Medical School in New York renames itself after business magnate/corporate raider Carl Icahn after his $200 million donation.
Posted In: Carl Icahn, philanthropy

BP to cop to criminal charges in Gulf oil spill

BP to pay $4.5 billion to settle criminal charges related to Deepwater Horizon. But what does it mean when a company is a felon?
Posted In: BP, bp oil spill

The effects of a short-term 'cliff'

Even a brief slide off the 'fiscal cliff' is likely to reverberate through the economy.
Posted In: fiscal cliff

New Chinese leadership's policies may benefit U.S.

As China's new leaders take power, some hope they will move away from running surpluses and building up reserves. Such reforms could benefit China and the U.S.
Posted In: China, Xi Jinping

'Like' to find a job? Facebook has an app for that

Facebook enters the job-search market with listings of nearly 2 million job openings. But be careful, especially if you've friended your boss.
Posted In: Facebook, Jobs

Occupy debt?

Occupy Wall Street gets into buying and forgiving debt, but is it good for the economy?
Posted In: Occupy Wall Street, debt

Top 9 personal finance expenses for a porn star

Adult film economics: A professional adult film performer shares her secrets to budgeting and financial planning.
Posted In: porn, Personal Finance, adult film industry

Music from this show

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Enough (Instrumental)
Dan The Automator
Galaxie 500

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