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Oct 1, 2008

Marketplace Morning Report for Wednesday, October 1, 2008

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Marketplace Morning Report for Wednesday, October 1, 2008

Segments From this episode

Boomers may be going bust

Oct 1, 2008
From layoff risks to shrinking house and 401(k) values, older workers may be headed for the most trouble in the financial crisis. Commentator Robert Reich says bailout or no bailout, baby boomers should watch out.

A primer on the financial crisis

Oct 1, 2008
Headlines have been trumpeting news of a financial crisis for weeks, but the situation isn't the easiest to understand. Scott Jagow gets a primer from consultant Peter Cohan, who explains the credit market trauma.

New provisions for Senate rescue bill

Oct 1, 2008
The Senate will vote on a new financial rescue package tonight with new provisions to pick up House votes. Scott Jagow talks to Steve Henn in Washington about what's new in the bill and how these additions could backfire.

Start-ups are slowing down

Oct 1, 2008
A new report says these days we're seeing fewer start-ups go public. Mitchell Hartman looks into what's causing the lack of willing venture capitalists and why they're not backing up IPOs.

Irish bank move upsets British bankers

Oct 1, 2008
British bankers are upset over an emergency move by the Irish government to guarantee 100% of all Irish deposits. As a result, Brits have been pouring money into Irish accounts. Stephen Beard reports.

Home equity isn't what it used to be

Oct 1, 2008
Many homeowners who have been using home equity to fulfill basic needs are running into trouble as banks freeze lines of credit. Stacey Vanek-Smith talks to people who had equity lines now troubled by the credit crunch.
Visa credit card in wallet
David Paul Morris/Getty Images

Loans won't make cars go faster

Oct 1, 2008
President Bush is set to sign a bill authorizing $25 billion in loans to American automakers to help Detroit make more fuel-efficient cars. But Sarah Gardner reports it'll be awhile before we see those cars rev up.

The team

Stephen Ryan Producer, BBC