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Marketplace for Wednesday, July 1, 2009
Jul 1, 2009

Marketplace for Wednesday, July 1, 2009

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Segments From this episode

Banks load up on toxic assets

Jul 1, 2009
The U.S. Treasury's plan to get private investors to buy mortgage-backed securities is expected any day now. But it turns out some banks have been quietly loading up on these bonds for months now. Amy Scott reports.

Financial firms fight consumer agency

Jul 1, 2009
The financial industry says it will attempt to block the Obama administration's proposal for a consumer protection agency. But its lobbyists may have a difficult battle ahead. Steve Henn reports.

IOUs may hurt California vendors

Jul 1, 2009
With California's $24 billion budget gap still unresolved, the state will start paying its bills with IOUs. Sarah Gardner reports on how this may affect state vendors.

France's eateries serve up tax reduction

Jul 1, 2009
Going to a restaurant in France just got cheaper. The value-added tax on meals has been reduced to 5.5% from 19.6%. Tess Vigeland talks with Mark Williamson, chef and owner of two dining establishments in Paris.
Willi's Wine Bar poster.
Willi's Wine Bar

Nonprofit counts Census errors

Jul 1, 2009
The Census Bureau is reporting an exodus from suburbs, but the numbers are just estimates. A non-profit called Social Compact is finding a lot of uncounted people and it's redefining how inner-city populations are tallied. Jeff Tyler reports.

Put an X through visions of recovery

Jul 1, 2009
The hot debate among macro-economists and market watchers is whether the economy's recovery will be V-shaped or U-shaped. Commentator Robert Reich says it's too early to see the shape of things to come.

Inside a loan service call center

Jul 1, 2009
Calling your bank for loan advice can be a frustrating maze of automated messages and people without answers. But what's it like on the other side of the line at the nation's largest loan servicer, Bank of America? Tamara Keith reports.

Music from the episode

Falling Over Evening The Six Parts Seven