Marketplace for Wednesday, July 15, 2009
Posted In: Investing
Research firm Dun & Bradstreet is predicting a 60% increase in bankruptcies in the U.S. -- bad news for most people, but good news for a class of investors named after a certain scavenging bird. Kai Ryssdal talks to "vulture investor" Mark Sorensen.
Kai Ryssdal reviews what listeners had to say about our history of the G.I. Bill, Justin Wolfers' commentary on our need for another stimulus package, Christmas in July and Massachusetts' film tax credit.
Posted In: Health, Taxes
The big debate over health care reform is how to pay for it. The latest proposal comes at a very high price -- more than $1 trillion. To help pay for it, House Democrats want to tax the wealthy. Commentator Robert Reich says that's a good idea.
Posted In: Economy, Housing, Retail
Taking advantage of cheaper real estate, 7-Eleven is aggressively expanding nationwide and adding 250 new stores. But the convenience store chain is not the only company hoping to come out ahead during the recession. Dan Grech reports.
Posted In: Investing, Retirement
The California Public Employees' Retirement System, or CalPERS, is suing the country's three largest credit-rating agencies for "negligent misrepresentations." But the First Amendment is likely to come into play. Bob Moon reports.
Things have gotten worse for CIT, one of the country's largest lenders to small and mid-sized businesses. Some customers are drawing down their credit lines, and the government is trying to figure out if CIT is too big to fail. Jeremy Hobson reports.