Marketplace for Wednesday, June 24, 2009

Episode Description 
Marketplace for Wednesday, June 24, 2009

Web site sale reflects media trend

Entertainment reporter Nikki Finke is selling her Web Site, Deadline Hollywood Daily. Stacey Vanek-Smith reports this is the latest move in the media industry's shuffle online.
Posted In: Entertainment, Mergers and Acquisitions

Rich Mexicans move north of the border

Drug-related violence in Mexico has prompted some people to flee. Many well-to-do families are leaving their homes and businesses behind, and starting all over in America. Ruxandra Guidi reports.
Posted In: Mexico

Financial reform plan misses the mark

The Obama administration wants to create a super-regulator and is calling for an independent financial products agency to regulate the financial system. Commentator David Frum says these reforms fail to get at the root of the problem.
Posted In: Housing

How economy plays into Iran's turmoil

Virginia Tech professor and Brookings fellow Djavad Salehi-Isfahani talks with Kai Ryssdal about the economy's role in the Iranian protests and how it is affecting business.

Poor Californians hurt by budget cuts

California lawmakers don't have much time to resolve a record $24 billion budget gap. The crisis has spurred massive cuts in local funding, making it painful for the poorest Californians. Rob Schmitz reports.

Citi's pay increase plan raises eyebrows

Citigroup, which accepted two infusions of TARP money, wants to raise some of its employees' base salaries by as much as 50 percent. The pay increase is meant to compensate for reduced bonuses. Ashley Milne-Tyte reports.

Is Fed inaction a good thing?

The Federal Reserve is keeping interest rates near zero, and didn't announce any new bailouts or loan programs. So, what exactly did the Fed have to say after it ended its two-day meeting? John Dimsdale reports.

Music from this show

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Rippin Kittin
Notations
Lymbyc Systym
Under The Black Skies
Ginger Baker
Sheltered Life
Erlend Oye