Marketplace for Thursday, January 6, 2011

Segments From This Episode

• More Turks leaving Germany than coming in

  More Turkish Germans are heading back to their home country — motivated by factors like better job opportunities in Turkey and not wanting to feel like a foreigner.

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• What now: The future of U.S-China trade relations

  by Marketplace Staff

  Commentator David Frum ponders the symbiotic relationship between the United States and China and its future.

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• Should there be a code of ethics for economists?

  by Marketplace Staff

  One of the topics to be discussed at the American Economics Association is whether economists should have a code of ethics. Annie Lowrey of Slate talks with Kai Ryssdal about what the research says on the ethics of economists.

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• BP spill report points fingers at oil industry

  by Eve Troeh

  The commission appointed by the president to investigate the BP oil spill released a key chapter of its report today. It put the blame on BP, Halliburton and Transocean. But it also pointed a finger at the entire oil industry.

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• S&P to lower ratings on recent mortgage-backed securities

  by Marketplace Staff

  Standard & Poors recently announced that it was going to lower the ratings of nearly 1,200 mortgage-backed securities. The problem here, says journalist Jesse Eisinger, is that these were rated in the past two years, meaning the rating agencies don't seem to know what they're doing. He talks to Kai Ryssdal about the details.

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• Bank of America tests new fee system

  by Stacey Vanek Smith

  

  Thanks to new rules restricting banks from charging exorbitant fees on credit cards, it seems that they're making it up in other ways. Bank of America announced a new fee system based on how much money customers keep in the bank, and how much they're not costing the bank. Stacey Vanek-Smith explains.

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