03/24/09
Marketplace for Tuesday, March 24, 2009
Episode Description:
Marketplace for Tuesday, March 24, 2009
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2
Obama makes case for spending plan
In a prime-time press conference, President Obama defends the cost of his proposed budget, saying trillions of dollars in deficit spending will be required to grow the economy.
1
Crumpled clothes foretell financial woes
Financial types aren't the only ones taking a measure of the bad economy. Dry cleaners have predictive tools of their own. Beth Teitell reports on the Crumple Index.
14
Letters: No slowdown in your opinions
Kai Ryssdal reviews your comments about AIG's infamous bonuses, the securitization industry, and suggested names for this recession.
80
New office crisis: Boomers won't leave!
Many baby boomers who were planning to retire soon will have to hold off, due to the plummeting values of their retirement funds. Commentator Dan Drezner says this may make things worse for Generation X in the office.
2
Entrepreneur wires electronics in China
In a recession, it's hard for businesses to know how much stuff to keep on their shelves. So many big consumer electronics companies are turning to a global supply master to manage their inventory, in China. Scott Tong reports.
3
Is China's global currency plan viable?
China's central bank wants to replace the dollar as the global reserve currency with a new currency controlled by the International Monetary Fund. Would this proposal work? Jeremy Hobson reports.
0
Bank plan will work if the price is right
The Treasury Department's plan to rid banks of bad assets will shed light on the banks' balance sheets, but it could leave weak lenders in a precarious position. Ashley Milne-Tyte reports.
0
Housing slowdown is slowing down
Housing values are falling, again. But from December to January, the housing market rose by 1.7%. So is the housing market up or down? Mitchell Hartman reports.
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