Marketplace for Tuesday, August 4, 2009
Aug 4, 2009

Marketplace for Tuesday, August 4, 2009

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Segments From this episode

Few benefit from loan modification plan

Aug 4, 2009
The Treasury Dept. reports that fewer than 10% of eligible delinquent home-loan borrowers get help through the mortgage modification program. Some banks are doing better than others, but Obama administration expects all banks to do more. Bob Moon reports.

GE settles fraud suit for $50 million

Aug 4, 2009
General Electric is paying the SEC $50 million to settle a fraud suit alleging that GE reported false accounting numbers seven years ago. Amy Scott reports on why the investigation took so long.

Travelers irked by Web travel sites fees

Aug 4, 2009
A new study shows that consumers are dissatisfied with online travel Web sites due to hidden fees often tacked on to purchases. Some travelers are even turning to old-fashioned travel agents. Dan Grech reports.

Obama treks to Indiana to talk economy

Aug 4, 2009
President Obama is heading back to Indiana for the fourth time in the past 15 months - he visited the city of Elkhart back in February. The economy is likely to be a major topic, since the state has been hard-hit by the downturn. Tamara Keith reports.

As RV industry tanks, so does Elkhart

Aug 4, 2009
Elkhart, Ind. is largely dependent on sales and manufacturing of RVs. Needless to say its an industry not faring well in this recession. Kai Ryssdal talks with dime-store owner Mac McNally of Elkhart about Obama's visit and the economic straits of the Midwestern city.

The risky life of an L.A. 'Tamalero'

Aug 4, 2009
Selling tamales on the streets of Los Angeles is a dangerous game of hide-and-seek. Tamale vendors, or "Tamaleros," have to avoid obstacles like gangs, traffic, police and health inspectors to make only about $30 a day. Devin Browne talks to one Tamalero who's found ways to stay in business.

No more status quo for health care

Aug 4, 2009
Kai Ryssdal talks with health reform czar Nancy-Ann DeParle to smooth out some confusing facts about health-care reform. She also explains what President Obama will be doing while Congress is on summer recess.

Top U.K. professions exclude the poor

Aug 4, 2009
Britain has come a long way from the era of classes and nobility, but a government-sponsored report finds that the poor are still cut off from top jobs. Medicine and law are open only to the rich, and the divide is only getting deeper. Stephen Beard reports.

Music from the episode

Boy With a Coin Iron & Wine