Marketplace for Tuesday, June 10, 2008
It's hard to walk into the grocery store without experiencing sticker shock. But economist and commentator Tyler Cowen says as time passes we'll get so used to the higher prices, we may even be tempted to splurge.
Banks have made bad decisions and lost billions in the credit crunch. Wells Fargo CEO John Stumpf talks about how his bank has been riding out the subprime storm.