Marketplace for Wednesday, Sept. 10, 2008

Episode Description 

Lehman plan may only delay takeover

Troubled investment bank Lehman Brothers says it lost almost $4 billion last quarter but it has plans to bounce back. What are its chances of recovering without a white knight? Stacey Vanek-Smith reports.
Posted In: Wall Street

Economy slows fashion's creations

New York City's Fashion Week is designers' big chance to show off their stuff and hope it sells -- no sure thing in a troubled economy. Kai Ryssdal talks with Kate Betts of Time Style and Design to get her take on the business of fashion this year.
Posted In: Retail

Millionaire invests in changing attitudes

We've all heard money can't buy you love or happiness. But if you have enough of it, you might have a chance at changing people's hearts and minds. That's what software millionaire Tim Gill is trying to do. Jeremy Hobson reports.
Posted In: Charity

Best hurricane insurance? High ground

Hurricane Gustav, Hurricane Hanna, Hurricane Ike ... Commentator Robert Reich says now would be a good time to look at how we insure homeowners in disaster-prone places.

Boeing gets another chance at tanker

The Pentagon is again delaying its request for proposals to build a new refueling tanker plane. That's good news for Boeing in its competition with Airbus and Northrup Grumman for the $40 billion contract. Mitchell Hartman reports.

Mortgage rates fall but crunch isn't over

The federal government's takeover of Fannie Mae and Freddie Mac has led to a drop in mortgage rates, making it a lot more attractive to buy a house or refinance the one you have. Dan Grech reports.
Posted In: Housing

Buffett puts up banking caution sign

A subsidiary of Warren Buffett's Berkshire Hathaway group is going to stop insuring bank deposits over $100,000. Does this mean Buffett is worried about future bank failures? Nancy Marshall Genzer reports.
Posted In: Economy, Wall Street

Paying a price to stand up to the Mob

In southern Italy most small businesses pay protection money to the Mob. But a movement to fight back is gaining ground. For the first time, a restaurant owner has reported the extortion to the police and named names. Megan Williams has the story.

Music from this show

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Heavenly States
Heavenly States
No Shouts No Calls
You're Living All Over Me
Gulag Orkestar

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