Posted by Katharine Crnko
For Marketplace Morning Report, Tuesday, December 14, 2010
Today’ Jeremy Hobson spoke to Ted Kaufman, chair of the Congressional Oversight Panel, about TARP’s mortgage modification program, and the status of TARP. There is more criticism for a federal mortgage modification program included in the TARP bailout. TARP’s congressional watchdog says HAMP has left billions of federal dollars unspent and millions of homeowners dissatisfied.
The mass transit tax break would allow commuters to write off up to $230 per month for using public transportation like buses or van pools. And as David Gura reports, it could help out the economy in a lot of other ways too.
Anyone who’s been at an airport is familiar with the marshalers, the workers with wands guiding planes around the runways. But now American Airlines has begun using sensors as a way to guide planes. Are marshalers in danger of losing their jobs?
Ireland’s Finance Minister has banned Allied Irish Bank from giving its employees $53 million in staff bonuses.
Steve Chiotakis talks to former U.K. prime minister Gordon Brown about the beginnings of the financial crisis and about Brown’s new book, “Beyond the Crash: Overcoming the First Crisis of Globalization.”
Department store JC Penney wants to turn Facebook fans into shoppers. It’s one of the first major retailers to launch a web-store inside Facebook.
Here are the songs we played: