Marketplace for Tuesday, July 1, 2008

Segments From This Episode

• Was buying Countrywide a good idea?

  by Jill Barshay

  Countrywide is officially part of Bank of America, but in the six months since B of A agreed to buy the mortgage company, Countrywide's losses continued to build up. Jill Barshay reports.

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• Landmark lead paint verdict reversed

  by Sam Eaton

  The Rhode Island Supreme Court has overturned a ruling that left three former lead paint makers facing billions in cleanup costs. Sam Eaton report.

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• Tainted tomatoes remain a mystery

  by Bob Moon

  Tomato growers have millions and consumers are shaken, but there are still no answers. Host Bob Moon asks analyst J.D. Hanson why there's been no word on the source of the outbreak.

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• Paychecks stretch instead of grow

  by Marketplace Staff

  To find the real reason for low economic confidence, follow the money. Commentator Jared Bernstein says a lack of pay increases is keeping workers struggling.

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• Europe wants American tourists back

  Bad exchange rates have the number of Americans visiting Europe dropping, but the travel industry is preparing its response. Stephen Beard reports.

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• Consumers hanging up on landlines

  by Ashley Milne-Tyte

  A growing number of consumers are saying bye-bye to their landline phones in favor of the portability and convenience of cell phones. Ashley Milne-Tyte reports.

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• Letters from our listeners

  by Bob Moon

  Host Bob Moon reads listener comments on a few of our recent stories. This week: the future of food, artificial lawns, Medicare costs and a defense of disco

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