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Aug 22, 2008

Marketplace Money for Friday, August 22, 2008

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Segments From this episode

Many NOLA neighborhoods still empty

Aug 22, 2008
About 70% of New Orleans' pre-Hurricane Katrina population is back. Many have moved to higher ground, leaving one-third of residential addresses empty. Tess Vigeland talks with Tina Marquardt of the nonprofit Beacon of Hope about what's keeping people away.
Tina Marquardt of the nonprofit organization Beacon of Hope in New Orleans.
Tess Vigeland / Marketplace

Investors holding on to Fannie, Freddie

Aug 22, 2008
Shares in Fannie Mae and Freddie Mac suffered yet another meltdown this week, and the government might step in to bail them out. If that happens, shareholders risk losing all their money. Even so, some of them are staying put. Rico Gagliano reports.

Straight Story: What about poverty?

Aug 22, 2008
Chris Farrell looks at the opportunity to improve the lives of poor people in New Orleans that appears to have been lost. He says the mortgage crisis might have a silver lining for some: affordable housing.

NOLA homeowners still wait to elevate

Aug 22, 2008
Host Tess Vigeland explores the bureaucracy, decision-making, and financial hardships of homeowners rebuilding in the Crescent City. While some are determined to build at higher elevations, others are taking their chances at ground level.
KC King and his wife Kathi on their property in the Gentilly neighborhood of New Orleans.
Tess Vigeland / Marketplace

Day in the Work Life: Katrina writer

Aug 22, 2008
Meet Ian McNulty, one of the latest entrants in Hurricane Katrina storytelling. We found him hunched over a beer at a neighborhood bar in New Orleans' Mid-City.

Emergency plans born from disaster

Aug 22, 2008
So how do prepare your finances for an emergency? Tess Vigeland asked some of the folks she talked to in New Orleans what they learned and what advice they have for you.

Investing summertime in their future

Aug 22, 2008
Kids at Camp Millionaire learn how to save, how to cut back on expenses, and how investing can lead to financial freedom as adults. Caitlan Carroll reports.

His first job had him in the dumps

Aug 22, 2008
Commentator Robert Reich proves that a first job isn't always a step in the right direction. His gig at an ad agency in New York went to the dogs.

Getting Personal

Aug 22, 2008
Chris Farrell and Tess Vigeland give advice to someone dealing with a fiery homeowners association, and a couple investing in renewable energy.
Getting Personal
Marketplace

Why have we abandoned New Orleans?

Aug 22, 2008
Tess Vigeland reflects on her time in the Big Easy, her emotional connection to the people whose stories she heard, and her sadness over the devastation that still haunts the city.
A pink house in New Orleans still displays the X with coded numbers that rescue teams used to indicate when the house was searched and how many bodies were found after Hurricane Katrina. It's a scar that still marks tens of thousands of homes across the city.
Tess Vigeland / Marketplace