Jun 19, 2009

Marketplace Morning Report for Friday, June 19, 2009

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Marketplace Morning Report for Friday, June 19, 2009

Segments From this episode

Stanford taken in on Ponzi allegations

Jun 19, 2009
A grand jury in Houston unseals an indictment today for Texas billionaire Allen Stanford, who surrendered to the FBI yesterday. The SEC accused Stanford of running an $8 billion Ponzi scheme through his bank in Antigua. Steve Henn reports.

iPhone moving in on business world

Jun 19, 2009
The new iPhone 3G S has implemented a few changes that Apple is hoping will help the smartphone compete with the Blackberry in the business world -- especially as consumers are cutting back. Jeremy Hobson reports.

People are going to museums again

Jun 19, 2009
Attendance is up at museums nationwide, thanks to cheap-to-free admission when budgets are ever tightening. Curt Nickisch visits museums in Boston to find out what they're doing to get people walking through the door.

Summer box office isn't booming

Jun 19, 2009
Hopes were high for this summer's box office season, but ticket sales are down so far compared to last year. But some say to wait until the season ends to get the big picture. Ashley Milne-Tyte reports.

E.U. drafts new regulatory system

Jun 19, 2009
E.U. leaders are backing a draft for a new regulatory system which includes a systemic risk board to spot credit problems. The draft also includes an upbeat note on financial recovery. Stephen Beard reports.

Where U.S. borrowing could tailspin

Jun 19, 2009
The U.S. has had to do a lot of borrowing to pay for its programs, and IOUs are stacking up. But so much government borrowing is pushing interest rates up higher. Bob Moon explores where borrowing and lending could become unbalanced.

Go to a national park, it's free!

Jun 19, 2009
To celebrate the first official weekend of summer, why not visit your closest national park? Admission to U.S. national parks will be free this weekend and two more weekends this summer. Caitlan Carroll reports.

Two sides of the budget deficit debate

Jun 19, 2009
In a recession this deep, how much should we be worrying about the budget deficit right now? Commentators Will Wilkinson and Matt Yglesias have different takes on the issue.

Rate of economic plunge is slowing

Jun 19, 2009
Steve Chiotakis gets a read of today's markets with Juli Niemann, analyst with Smith Moore and Company in St. Louis.

'Cash for clunkers' too expensive?

Jun 19, 2009
A center point in the debate for the "cash for clunkers" program has been the $1 billion price tag. Beyond the hotly-contested cost, the bill wouldn't just give cash to anyone with a junker. Steve Henn reports.

A caveat for age discrimination cases

Jun 19, 2009
In a 5-4 decision, the Supreme Court said a worker has to prove that age was the key factor in an age discrimination case. Bill Radke talks to Paul Secunda, a law professor at Marquette University, about what this means for older workers.

The team

Stephen Ryan Producer, BBC