Marketplace Morning Report for Wednesday, October 28, 2009

Segments From This Episode

• GMAC seeks more taxpayer dollars

  by Marketplace Staff

  GMAC, best known as the former financing arm of General Motors, is asking for more U.S. aid, on top of the $12.5 billion it has already received. Reporter Ashley Milne-Tyte talks the details with Stacey Vanek-Smith.

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• Plan B for climate-change agreement

  by John Dimsdale

  Negotiations leading up to December's climate-change summit are not going smoothly. So what can the summit still achieve? John Dimsdale reports.

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• Credit-card issuers rush to raise fees

  by Marketplace Staff

  L.A. Times business columnist David Lazarus talks with Bill Radke about how credit-card companies are raising fees before new rules limiting interest-rate hikes go into effect, and what consumers can do about it.

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• U.K. lender Northern Rock to be split up

  European regulators have approved a plan to split Britain's nationalized lender Northern Rock in two. Stephen Beard reports.

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• World Series may be capitalism lesson

  by Jeremy Hobson

  The Philadelphia Phillies take on the New York Yankees in the World Series. Jeremy Hobson reports this particular match-up may have just a little something to do with free-market capitalism.

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• Fraud is a small part of health reform

  by Joel Rose

  A Senate committee will look at health-care fraud, which is one of the biggest money-wasters in the U.S. medical system. Joel Rose reports.

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• A look at GDP, durable goods

  by Marketplace Staff

  Jack De Gan, principal and senior adviser at Harbor Advisory, talks with Stacey Vanek-Smith about what to expect with the GDP number, and what the increase in durable goods means.

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