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Marketplace Morning Report for Wednesday, December 4, 2013
Dec 4, 2013

Marketplace Morning Report for Wednesday, December 4, 2013

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A half a dozen big banks like Deutsche Bank and JPMorgan have been hit with a record $2.3 billion dollar fine from the European Commission for colluding to rig two benchmark lending rates that set the price of money between banks -- something on which they were supposed to competing. How do you know when to start collecting Social Security? And, if you have missed fake newsman Ron Burgundy this week, you are living under a rock. The character played by Will Farrell has been everywhere promoting his new movie, "Anchorman 2" -- hawking Dodge Durangos, anchoring a real North Dakota newscast, and at Emerson College, where one of the actual schools will be renamed for him for a day.

Segments From this episode

The serious PR push to make Ron Burgundy's legend continue

Dec 4, 2013
For one day, Emerson College's communication school will be renamed the Ron Burgundy School of Communication.

Who needs a waiter when you have a smart phone?

Dec 4, 2013
You can now use your smart phone to order and pay at some restaurants.

Small banks and the aftermath of the financial crisis

Dec 4, 2013
A House committee holds a hearing to consider the impact of post-recession reforms on small banks and credit unions.
An ATM at a community bank.
Flickr user Tax Credits

EU gives big banks $2.3 billion slap over rate rigging

Dec 4, 2013
The European Commission has hit a half dozen big banks, including Deutsche Bank and JPMorgan Chase, with a record $2.3 billion fine for colluding to rig two benchmark lending rates that set the price of money between banks

When should you start collecting Social Security?

Dec 4, 2013
If you’re between the ages of 62 and 70, you’re eligible for Social Security. But when should you take it?

'Volcker Rule' to finally be a rule

Dec 4, 2013
U.S. regulators have announced that, after years of wrangling, on December 10 they are finally set to finalize the details of the so-called Volcker Rule.

PODCAST: The Volcker Rule: What's that again?

Dec 4, 2013
Regulators have announced that, after years of wrangling, they are finally set to finalize the details of the so-called Volcker Rule. If you’re between the ages of 62 and 70, you’re eligible for Social Security. But when should you take it? And, for one day, Emerson College's communication school will be renamed the Ron Burgundy School of Communication.

A half a dozen big banks like Deutsche Bank and JPMorgan have been hit with a record $2.3 billion dollar fine from the European Commission for colluding to rig two benchmark lending rates that set the price of money between banks — something on which they were supposed to competing. How do you know when to start collecting Social Security? And, if you have missed fake newsman Ron Burgundy this week, you are living under a rock. The character played by Will Farrell has been everywhere promoting his new movie, “Anchorman 2” — hawking Dodge Durangos, anchoring a real North Dakota newscast, and at Emerson College, where one of the actual schools will be renamed for him for a day.

The team

Stephen Ryan Producer, BBC