Marketplace has a new podcast for kids, "Million Bazillion!" EPISODE OUT NOW
Marketplace Music

Playlist: Dexia’s domino effect, and planned layoff numbers rise

Mary Dooe Oct 5, 2011

Posted by Mary Dooe

For Marketplace Morning Report, Wed., Oct. 5, 2011

Has the European debt crisis turned into a banking crisis? The U.S. Justice Department and New York’s attorney general’s office are suing Bank of New York Mellon, charging the bank cheated pension funds for a decade and made off with more than $2 billion. The number of planned layoffs at U.S. firms in September jumped to its highest in more than two years due to heavy cutbacks by the military and Bank of America. Private sector employers added 91,000 jobs in September. And lawmakers from Georgia are planning to introduce a bill today in Congress that would help struggling homeowners make their mortgage payments with money from their retirement savings.

And here are the songs we played today:

  • Melting Pot – Booker T. & The MG’sBuy
  • Human Beings – Matt Pond PABuy
  • Gimme Shelter – The Rolling StonesBuy
  • The Bay – MetronomyBuy
  • Tears Dry on Their Own – Amy WinehouseBuy

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.