Marketplace for Thursday, September 2, 2010

Segments From This Episode

• Banks must be able to fail, Bernanke says

  by John Dimsdale

  Federal Reserve Chairman Ben Bernanke told a panel investigating the financial crisis that there should be a process to allow banks, too big and otherwise, to fail. Critics are skeptic such an idea will actually happen.

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• Hertz, Avis offer big bucks for Dollar Thrifty

  by Janet Babin

  The travel industry was hit hard by the recession. But rental car companies Hertz and Avis are putting up a fight for another rental company Dollar Thrifty.

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• ‘The trillion dollar gap’ in pension funds

  by Mitchell Hartman

  Regardless of economic climate, government offices continue to pay pensions. But the Great Recession is making governments re-think future employee pensions and how to deal with the pensions they're currently doling out.

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• A lot of firing, not enough hiring

  by Marketplace Staff

  New York Times columnist David Leonhardt says that the lack of hiring is the bigger problem in today's economy, more so than the number of layoffs.

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• The business of estimating risk

  by Marketplace Staff

  Kai Ryssdal talks to Bill Keogh, senior vice president of catastrophe risk modeling firm EQECAT, about how the firm estimates damages.

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• Strawberry Shortcake’s trendy new look

  by Marketplace Staff

  Strawberry Shortcake at 30 now sports a cute miniskirt and plays rock guitar. No more dowdy pinafore for her — but reporter Sally Herships misses the Strawberry Shortcake of her childhood.

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• Burger King going private, again

  by Marketplace Staff

  Burger King is going private for the second time in eight years. Being a private company may give time for the company to rejuvenate the brand, or the new investors can just borrow and not invest money into the company, like the last time.

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• UPDATE: No oil in water after rig explosion

  by Marketplace Staff

  Marketplace's Eve Troeh gives an update about this morning's explosion on an oil rig off the Louisiana coast. No oily sheen on the waters, as previously reported by the Coast Guard, but the incident may hurt Louisiana's push for the White House to lift its Gulf deepwater drilling moratorium.

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