Marketplace Morning Report for Wednesday, May 21, 2008
May 21, 2008

Marketplace Morning Report for Wednesday, May 21, 2008

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Marketplace Morning Report for Wednesday, May 21, 2008

Segments From this episode

Bad triple-A was mislabelled risk

May 21, 2008
We're starting to get a better explanation of why banks invested in those atrocious mortgage-backed securities. Stephen Beard reports a glitch with triple-A ratings could have been partially responsible.

Man has a hand in natural disasters

May 21, 2008
China and Myanmar's death tolls from disasters continue to rise, thanks partially to a lack of shelter. Will Wilkinson says the poverty that exposes people to nature's dangers requires a human hand.

Sorting out the rubbish in Naples

May 21, 2008
Italian Prime Minister Silvia Berlusconi is holding a cabinet meeting in Naples to show concern for the garbage problem. Scott Jagow talks to reporter Megan Williams about what he can do to help the problem.

Most retailers still struggling

May 21, 2008
A slow economy means a drop in retail sales. Jeff Tyler reports consumers are putting off buying that extra blouse or sport jacket if they can, but shoppers at high-end stores will help that market do slightly better.

Clean energy could mean tax breaks

May 21, 2008
Congress votes today on a bill that would renew billions of dollars in tax breaks for clean energy. Sam Eaton reports the money is needed, despite a record amount of investments from the private sector.

Some get their kicks from sneakers

May 21, 2008
If you're looking for a new investment venture, how about $4,500 for a pair of rare Nikes? Stephen Hoffman reports it's not uncommon for some collectors to spend thousands of dollars on high-value kicks.

Senate panel to oil execs: Why?

May 21, 2008
A Senate committee will be asking oil executives directly today why the price of oil per barrel has risen so high. Dan Grech reports that congressional representatives may be answered with not much more than a shrug.

Marketplace Morning Report for Wednesday, May 21, 2008

The team

Stephen Ryan Producer, BBC