Segments From this episode
Experts have varying opinions on where the housing market is going to go in 2009. We asked our Senior Business Correspondent Bob Moon to weigh in. He tells Scott Jagow how real estate might recover in the new year.
Champagne sales are down as tapped drinkers cut spending on luxury items. But flat demand has caused a buyers market for bubbly as steep discounts are on the rise. Jean-Luc Renault reports.
Bernard Madoff's victims should know soon how much money they can recover from his scheme. Meanwhile, investors are suing hedge funds for putting their money into his fund, and that could prompt more regulation. Stacey Vanek-Smith reports.
Viacom wants more money from Time Warner Cable, saying its programming brings in 20% of the cable company's audience. Viacom says it will pull its channels and launch a heavy ad campaign if Time Warner doesn't comply. Steve Henn reports.
The Securities Investor Protection Corporation may be able to help some Madoff victims, with payments up to $500,000. Yet to be determined is whether investors whose money was directed to Madoff through other funds are eligible for SIPC claims. Jeremy Hobson reports.
Marketplace Morning Report for Wednesday, December 31, 2008