Marketplace for Wednesday, February 15, 2012

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Episode Description 
"Linsanity" is everywhere. What is the economic impact of Jeremy Lin off the court? Kellogg's is buying Pringles from Procter & Gamble for $2.7 billion. Lawmakers agree to extend benefits for the long-term unemployed, but commentator Betsey Stevenson says more unemployment assistance is merely a band-aid. Kai Ryssdal talks to David Wolman, author of "The End of Money," about why getting rid of physical cash makes economic sense.

Greece: Where's the money?

Many Greek citizens say they cannot bear any more austerity. Some are wondering what happened to all the money they borrowed in the first place. 
Posted In: Greece, Greek debt, greek bailout

Congress extends unemployment benefits

But commentator Betsey Stevenson says they're only just masking the need to reform how we help the unemployed.
Posted In: Unemployment, unemployment benefits, jobless benefits

Kellogg's snacks on Pringles

The cereal giant will pay $2.7 billion for the chips in the cardboard tube. Pringles gives Kellogg's a bigger stake in the after-breakfast market. But why such a high price?
Posted In: Kellogg's, pringles, chips, snacks

The problem with cash

In his new book, "The End of Money," David Wolman explains why he advocates for the elimination of cash.
Posted In: currency, cash, dollar

Why the FCC halted LightSquared's wireless network plan

Federal officials have nixed a plan by broadband company LightSquared to build a national wireless network. Politico's Eliza Krigman explains why and discusses what happens next.
Posted In: lightsquared, wireless, wifi, gps, broadband, national broadband initiative

Key French bank slashes its Greek debt

BNP Paribas, France’s largest bank, cut the value of its Greek debt by 75 percent. Markets were fine. Does that offer a glimmer of hope in the crisis?
Posted In: BNP Paribas, greek bailout, Greek debt

FCC revises Do Not Call rules

The Federal Communications Commission passed new rules today to make it even tougher for telemarketers to make those unsolicited "robocalls." And lesson of the day: Don't call Kai during our live broadcast.
Posted In: Do Not Call, robocalls, telemarketers

Linsanity sweeps America

The newfound popularity of New York Knicks player Jeremy Lin boosts business for basketball.
Posted In: basketball, Jeremy Lin, Sports, NBA

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Baghdad Sun
Apollo Brown

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