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Oct 6, 2008

Marketplace Morning Report for Monday, October 05, 2008


Marketplace Morning Report for Monday, October 05, 2008

Segments From this episode

Times are tough, but festivals live on

Oct 6, 2008
In her latest stop in our Road to Ruin series, Marketplace Money Host Tess Vigeland finds herself in Denver, where the Pumpkin Harvest Festival is still going despite possible budget cuts and donation drops.
Amy and Ian work on making a scarecrow at the Pumpkin Harvest Festival in Glendale, Colo.
Tess Vigeland / Marketplace

E.U. does what other countries do

Oct 6, 2008
The E.U. is responding to the financial crisis by going the route of guaranteeing bank accounts -- soon after criticizing other countries for the same move. Renita Jablonski mulls over the move with Stephen Beard

Pittsburgh struggles, but also thrives

Oct 6, 2008
Marketplace's New York Bureau Chief Amy Scott road trip lead her to Pittsburgh, where some think the financial crisis hit awhile ago. But she also discovered some businesses are still doing well despite hard times.
The Son of Jared Leinbach in Pittsburgh, Pa.
Alexander Heilner

Wachovia deal may reach compromise

Oct 6, 2008
There are reports that both Citigroup and Wells Fargo may be able to reach a compromise on the takeover of Wachovia, splitting the branches between the two banks. Jeremy Hobson reports why the Fed is pushing for the deal.

Why Wells Fargo is a better idea

Oct 6, 2008
Wells Fargo's Wachovia bid may have blown Citibank out of the water, but a binding agreement may result in a compromise. Stacey Vanek-Smith talks to economist Chris Low about why a Wells Fargo takeover would be more favorable.
Wachovia and Wells Fargo bank logos
Don Emmert and Justin Sullivan / Getty Images

Supreme Court is ready for business

Oct 6, 2008
The Supreme Court hears its first cases of the term today, it's taking on a more business-friendly agenda. Steve Henn reports why the Court is more willing to take on business cases as part of its docket.

The team

Stephen Ryan Producer, BBC