Sep 15, 2008

Marketplace Morning Report for September 15, 2008

HTML EMBED:
COPY

Marketplace Morning Report for September 15, 2008

Segments From this episode

No state royalties in Dem offshore plan

Sep 15, 2008
Offshore drilling is likely to come to a vote in the House this week. One difference between two of the competing measures is that one gives states a share of the oil revenues; the other doesn't. Steve Henn reports.

Lehman fails, Merrill sold, is AIG next?

Sep 15, 2008
Some are calling this weekend's events "a perfect storm." Alan Greenspan called the restructuring perhaps a "once-in-a-century" event. Amy Scott has more on what happened.

Assessing the situation on Wall Street

Sep 15, 2008
Lehman has failed, Merrill Lynch is now the property of BofA and Wall Street is abuzz over what's next. Stacey Vanek Smith asks with the head of an investment firm, just how serious is this?

European stocks tank on Lehman news

Sep 15, 2008
News about Lehman Brothers and Merrill Lynch sent European stocks sliding today. And as the European markets look at a future of negative growth, the "R" word comes up. Megan Williams has the story.

Asian currencies take a hit

Sep 15, 2008
The dollar fell in Asian markets on worries about the U.S. banking system. Those emerging economies were expected to ride out the financial storms. But as Scott Tong reports, that's not turning out to be so.

Cleaning out the financial system

Sep 15, 2008
Should we call it Black Monday? Or maybe Black and Blue Monday? Scott Jagow talks to economist Diane Swonk to get her take on what's been going on and what to expect to happen today and onward.

'It's going to be a really tough year'

Sep 15, 2008
And now, the fallout. More of the same seems to be the common prediction. As for who next, AIG seems to have been nominated for that post. Stacey Vanek Smith asks economist Christopher Low for his take.

A look at what's up at AIG

Sep 15, 2008
AIG is facing a potential downgrade by the major credit-rating agencies, and is said to be seeking help from the government. Scott Jagow asks Amy Scott, how did an insurer get into this mess?

The team

Stephen Ryan Producer, BBC