Marketplace for Tuesday, Jan. 13, 2009

Segments From This Episode

• Bernanke looks to create ‘bad banks’

  by Ashley Milne-Tyte

  To further strengthen the financial system, Federal Reserve Chairman Ben Bernanke is proposing a plan to create "bad banks" to buy up bad assets in exchange for cash or equity. What's a "bad bank"? Ashley Milne-Tyte reports.

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• Credit markets show signs of life

  by Scott Jagow

  Signs point to the credit markets finally loosening up. Scott Jagow speaks with financial analyst Peter Cohan about why the credit markets may be improving.

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• Is lumber industry going under?

  by Marketplace Staff

  Lumber mills and timber companies are losing money as the recession hits the homebuilding business. Scott Jagow speaks with Andrew Miller, CEO of Stimson Lumber Company, about the decline of the timber industry and how it's affecting the Northwest, where lumber is big business.

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• Health insurer’s database gets overhaul

  by Sarah Gardner

  In a settlement with the state of New York, UnitedHealth Group has agreed to overhaul its database system to ensure that patients using out-of-network physicians are fully reimbursed. The settlement may have a major impact on other insurers as well. Sarah Gardner reports.

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• Stanford to explore new energy sources

  by Janet Babin

  Stanford University has received a gift of $100 million from alumni to create a new energy institute. As Janet Babin reports, in these tough times the only road to innovation may be through the private sector.

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• Macau casinos out of luck in recession

  by Scott Tong

  The tiny Chinese territory of Macau is home to the biggest casino in the world, which has thrived on high rollers. But as the markets have collapsed, Macau's growth has come to a standstill. Scott Tong reports.

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• Can Obama control his team’s egos?

  by Marketplace Staff

  President-elect Obama has taken a "team of rivals" approach in selecting people to serve in his cabinet. Can they work together in support of his goals? Commentator Dan Drezner says it depends on Obama's leadership style.

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• Treasury plans to measure lending

  by Steve Henn

  The Treasury Department has invested billions of dollars in bailout money to more than 250 banks. Today it opened up the bailout money to 3,000 small community banks. Now the Treasury plans to compare lending levels between banks that got government money and those that didn't. But will it work? Steve Henn reports.

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