Marketplace for Tuesday, May 13, 2008
Marketplace listeners give us some food for thought about agribusiness, online sales taxes, cement and the maturity level of Grand Theft Auto 4 players.
Posted In: Entrepreneurship, Investing
One of the most significant innovations for developing countries has been microfinance, giving small loans to poor entrepreneurs. Commentator and economist Dean Karlan says microlending is a valuable tool, but it needs more creativity to keep growing.
Posted In: Economy, Investing, Wall Street
When Wall Street's best and brightest devise things like collateralized debt obligations and mortgage-backed securities in the good times, they're applauded. But when those things go bad, they get the blame. Bob Moon reports on balancing innovation and regulation.
Posted In: Economy
Banks are reporting more loans to small businesses going bad. That means the small businesses left standing are having a harder time getting credit. And that hurts their suppliers. Jill Barshay reports on some creative solutions to keep business flowing.
Posted In: Economy, Retail
Wal-Mart says sales have started to follow the pay cycle -- trailing off as money runs out before the next paycheck comes. And Bank of America is seeing more people paying for basics with credit cards. Janet Babin reports on families feeling the pinch.