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Bob Moon

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  • Treasury Secy. Paulson's plan to get the financial system under control doesn't address a once-obscure kind of credit insurance that's become an enormous money-maker for some of the country's biggest banks and other rich investors. Bob Moon explains.

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  • Despite the devastating subprime crisis, the number of new adjustable rate mortgages is on the rise. In the second part of our "Housing Madness" series, Bob Moon takes a look into the lure of these loans and why they're not a good deal.

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  • If $2 a share in the JPMorgan-Bear Stearns deal engineered by the Fed wasn't enough for stockholders, will $10 a share satisfy them? And is this now officially a bailout with a capital B? Kai Ryssdal takes a look with Marketplace's Bob Moon.

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  • Between bank bailouts, a lower number of housing starts and a credit crunch, there doesn't seem to be much to be optimism about in the U.S. economy. But Bob Moon reports that with a slight dollar upswing and a rise in exports, we may be soon seeing sunnier days.

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  • The Federal Reserve committed $30 billion in taxpayer money to guarantee the riskiest part of Bear's portfolio in the JP Morgan sale. Kai Ryssdal speaks to Bob Moon about whether the move could ultimately benefit taxpayers.

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  • On the heels of the credit market's latest turn for the worse, the Federal Reserve is offering to step in and almost double the $160 billion it's loaning to banks. Bob Moon reports it's not clear how long banks will need to recover.

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  • This month Macy's joined the ranks of retail companies which have abandoned monthly retail-sales reports. Bob Moon reports the company could be trying to hide from embarrassing numbers.

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  • Chinese Premier Wen Jiabao pledged to fight inflation and government bureaucracy, which have been pushing the cost of living up for the Chinese working class. Bob Moon reports on whether his words will result in real reforms.

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  • Citigroup's shares dropped 4% after the leader of a Dubai-owned investment firm stated that it will take "a lot more money" to rescue the struggling bank. Bob Moon reports on how Middle East investors influence the market.

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  • Oil and gold prices reached new records as the dollar sank to its lowest value in 35 years against six other major currencies. With more interest-rate cuts ahead, Bob Moon reports on when commodity prices might reach their peak.

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