Playlist: Davos and FCIC
Posted by Katharine Crnko
For Marketplace Morning Report, Thursday January 27, 2011
As the World Economic Forum gets underway in Davos, Switzerland, a senior executive from Goldman Sachs says that tougher bank regulation could trigger the next financial crisis. Stephen Beard has more.
A year ago today, President Obama pledged to double exports in the next five years. But Congress still hasn’t voted on deals inked in 2007 with South Korea, Columbia and Panama..
Local and state governments are facing millions of dollars in deficits, but some are taking the opportunity to get innovative with how to do more with less.
At the end of last year, half the nation’s biggest metro areas saw fewer foreclosures. The other half saw more. We explore why foreclosures are falling in some cities.
The rating agency S&P has cut Japan’s long term credit rating for the first time in nine years. The country has been downgraded to a AA- rating due in part to its debt load. The BBC’s Roland Buerke explains.
Steve Chiotakis talks to Harvard economist Ken Rogoff about the resiliency of the global recovery in light of currency wars and growing concern over trade.
In a report being published today, Financial Crisis Inquiry Commission concludes that the financial crisis was the result of mismanagement, risk-taking and regulatory failures. Simon Johnson, former chief economist of the IMF, explains.
Facebook is now requiring that app developers and users buy credits for virtual goods from its own system. It may be another sign of a booming virtual economy.
Jeremy Hobson speaks to Diane Swonk, Chief Economist at Mesirow Financial about the FCIC report released today outlining the financial crisis of 2008.
Here are the songs we played:
- Wise Dread — DJ DrezBuy
- Salvation — Black Rebel Motorcycle Buy
- They Also Mourn Who Do Not Wear Black — Sufjan StevensBuy
- Black Cat — Gentle Giant Buy
- I Heard Ramona Sing — Frank Black Buy
We’re here to help you navigate this changed world and economy.
Our mission at Marketplace is to raise the economic intelligence of the country. It’s a tough task, but it’s never been more important.
In the past year, we’ve seen record unemployment, stimulus bills, and reddit users influencing the stock market. Marketplace helps you understand it all, will fact-based, approachable, and unbiased reporting.
Generous support from listeners and readers is what powers our nonprofit news—and your donation today will help provide this essential service. For just $5/month, you can sustain independent journalism that keeps you and thousands of others informed.
Give today and get our limited edition tote.