Marketplace for Thursday, September 12, 2013
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In this episode, airline have helped airlines return to profitability, but a dollar earned on fees isn't necessarily the same as a buck made from a flight reserveation. Kenya finds a huge supply of water, and As Tina Brown departs the Daily Beast, we ask what it takes to make it in the conference business.
Posted In: washington mutual, financial crisis
In her new book, Kirsten Grind details the rise and spectacular fall of Washington Mutual in 2008, and why they haven't been mentioned since.
Posted In: subprime, mortgage, mortgage crisis, Housing, home loans
Mortgage lenders fueled the financial collapse by marketing subprime loans to people who couldn't afford them. They disappeared as the housing market crashed, but subprime mortgages could return.
Posted In: Kenya, water
Drought-ridden Kenya has found an enormous underground reservoir of water, enough to meet the country's needs for a decade. But expect a bitter fight over this valuable resource, and much hand-wringing by the African country over how best to make it pay.
Posted In: financial crisis
Commentaries from listeners about when they started feeling the effects of the financial crisis.