Segments From this episode
President Obama lashed out at several Chrysler investors who refused to sign on to the administration's restructuring plan. But commentator Will Wilkinson wonders why the president is involved in bailout proceedings at all.
The Boston Globe's survival has many area advertisers breathing a sigh of relief. It may not have the same selling power as it did in its heydey, but ad space in the newspaper is still vital to many. Curt Nickisch reports.
A bankruptcy judged ruled against a group of Chrysler's creditors who were trying to block the deal with Fiat. The opposition claims the plan is illegal, but Stephen Beard reports it's unlikely anybody else would offer a better one.
Unlike the federal government, states can't carry deficits, and many states are cutting services to balance their budgets. Jennifer Collins reports why this hurts the economy, and why it would be bad for states to rely on cuts alone.
The debate on credit card interest rates in Congress has sparked a separate battle over the fees credit card issuers charge merchants. John Dimsdale explores the take of store owners versus card issuers.
This week, the Supreme Court made a ruling on aggravated identity theft about the use of Social Security Numbers that has business columnist David Lazarus a little "cheesed off." He lets off some steam with Bill Radke.
Bank of America reportedly needs $34 billion to survive this economic climate. Where did the bank get this number? Steve Chiotakis talks to analyst Juli Niemann with Smith, Moore and Company.
Marketplace Morning Report for Wednesday, May 6, 2009