Segments From This Episode

• Not just a tax haven anymore…

  by Jill Barshay

  Bear Stearns is testing offshore legal waters. The Wall Street investment house is trying to keep two bankruptcy cases in Cayman Island courts, but investors and creditors want a U.S. judge to force Bear to re-file here. Jill Barshay has more.

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• U.K. farmers want to get paid

  Farmers in Britain are losing money fast because of the latest outbreak of foot and mouth disease, and they're ready to sue anyone found responsible. First up could be an American company. Stephen Beard has more.

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• No match, no job

  by Jeremy Hobson

  Any day now, the Department of Homeland Security is expected to unveil new rules requiring employers to fire workers whose Social Security numbers don't match their names. But critics say don't expect those workers to go home. Jeremy Hobson reports.

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• China bares its teeth

  by Marketplace Staff

  Capitol Hill's threats to punish China for undervaluing its currency are starting to aggravate government officials there. They're willing to use China's holdings in U.S. bonds to retaliate, and that could really hurt, Ambrose Evans-Prichard tells us.

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• Late return to private equity game

  Five years ago Morgan Stanley got out of the private equity business. Turns out that was a big mistake, but why has it decided to start a new fund in Europe just as the private equity boom seems to be fizzling? Stephen Beard reports.

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• There’s aid, and then there’s free aid

  by Marketplace Staff

  The United States spends billions each year to try to improve living conditions for the world's poor, but critics in some nations say too often those U.S. dollars come with strings attached. Take Bolivia for example. Mary Stucky reports.

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• Labor union shops for a candidate

  by Jeremy Hobson

  AFL-CIO leaders meet today to discuss the possible endorsement of a presidential candidate as early as this fall. The labor union is smaller this time around, but claims it'll carry a greater punch than ever. Jeremy Hobson reports.

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• Big Olympic spenders in Beijing

  by Jocelyn Ford

  Corporate sponsors are expected to splurge on the 2008 Olympics in Beijing. The games will probably be the most lucrative ever, and some of the big advertising players don't even care if they see a return. Jocelyn Ford explains.

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• Just one word: potash

  by Marketplace Staff

  Since the '90s, it's been tech stocks that have kept the economic community riveted. But commentator David Frum says abstract is out: The "new economy" we keep hearing about is heavy and bulky and transported by rail.

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