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Goldman Sachs shifts gears on Ground Zero project

Apr 6, 2005
So this was the plan. Across from ground zero in New York, a blue-chip Wall Street firm would build a tower. West Street would tunnel under the tower to make room for a World Trade Center Memorial. But now Goldman Sachs says no. Pradnya Joshi has been covering this story for Newsday...
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Earned Income Tax Credits a boom for some businesses

Apr 5, 2005
11 days and counting. But you've probably already filed, right? There are a lot of people who can't wait for their refund checks. They are especially dear to people who fall under the poverty line and who qualify for an earned income tax credit. The government cut EITC checks for nearly 21 million Americans last year. That doesn't mean those 21 million Americans got all their money however. Alisa Roth reports from New York on how some companies take a cut right off the top.
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Welcoming perks for senior executives

Apr 4, 2005
Some executives get perks coming and going. In this edition of the Sloan Sessions, Newsweek's Wall Street editor Allan Sloan joins host Kai Ryssdal to talk about that multi-million dollar starting bonus for the new head of Hewlett-Packard.
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The week that was on Wall Street

Apr 1, 2005
It's Friday, which means it is time to check the week on Wall Street with stockbroker and business analyst David Johnson in Dallas.
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Show me the (settlement) money

Mar 31, 2005
Remember the name Jack Grubman? The telecom stock analyst accused of touting AT&T so his kids could get into a swank pre-school? It was one of many stories about skewed stock advice from analysts who had a little skin in the game. These conflict-of-interest stories led to lawsuits. And huge settlements. One involved ten banks paying almost $1.5 billion. The biggest settlement in Wall Street history. A good portion of the money was supposed to go to investors, to compensate them for the fraud. But as Marketplace's Amy Scott tells us, almost two years later, investors are still waiting.
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Mortgage rates - to refinance or not to refinance?

Mar 31, 2005
Mortgage rates have skyrocketed the last few weeks, meaning bad news for anyone who wanted to refinance. Host Tess Vigeland talks to Bankrate.com's Greg McBride about how you know when to pull the trigger on something as unpredictable as mortgage rates.
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United Way, and a united way of increasing donations

Mar 30, 2005
The United Way of America is holding its annual leadership conference near Dallas. Though overall charitable giving is up, donations to the United Way are down. That's where the group's new "Standards of Excellence" come in. These guidelines were announced today. They're supposed to help local chapters define their mission and improve accountability. Marketplace Business Editor Cheryl Glaser tells us it's a sign of how more non-profits are taking their cues from the corporate world.
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Warren Buffett, in the hot seat

Mar 29, 2005
Warren Buffett is not just a billionaire. He's well known for his candor. And for his integrity. So it's of special significance that regulators want to have a word with Mr. Buffett. They want to ask him about some questionable accounting practices involving a unit of his company, Berkshire Hathaway. Marketplace's Jeff Tyler reports.
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Private equity firm's have money to spend

Mar 29, 2005
The Carlyle Group just wants you to know, it's got a lot of cash. More than $10 billion, they told us today. And that's a first for a private equity firm's buyout fund. So what will Carlyle do with all that money? And how long before other firms catch up? Alisa Roth reports from New York.
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The airline industry and the incredible shrinking paycheck

Mar 25, 2005
Today, a no-confidence vote for Delta Airlines. Standard and Poor's warned it may lower Delta's debt ratings. Earlier this week, Delta's head honcho said he thought the airline could avoid filing bankruptcy papers. Not everyone's convinced. Most worried, perhaps, are the employees. As other carriers have declared bankruptcy, workers have been forced to make huge sacrifices. Nancy Marshall-Genzer reports.
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