Posted by Chau Tu
For Marketplace, Wednesday, May 11, 2011
Raj Rajaratnam was found guilty today on all 14 counts of insider trading. It's a big win for the fight against such illegal acts on Wall Street. Kai spoke with Jacob Frenkel, an ex-lawyer for the Securities and Exchange Commission, on what happens now.
U.S. exports are up, but the trade gap widens. Kai talked with Marketplace's Scott Tong about the tax breaks oil companies are defending in Washington. Commentator David Frum spoke about the oil reserves in Canada.
Hurricane Katrina gave New Orleans a chance to rebuild its public hospitals. The FDA takes a look at artificial hip-makers. And we went over listeners' responses to a recent story on organic farming. Here are the songs we played: