Oct 8, 2008

Marketplace Morning Report for Wednesday, October 8, 2008

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Marketplace Morning Report for Wednesday, October 8, 2008

Segments From this episode

Crisis calls for the right regulation

Oct 8, 2008
When regulation goes bust, it's easy to blame the whole system and say all regulation needs tweaking. Commentator Will Wilkinson says it's not about a need for more or less regulation, but for the right regulation.

Dividends becoming next crisis casualty

Oct 8, 2008
Few things are more sacred to investors than quarterly dividends, but now dividends are becoming victims of the credit crisis, too. Janet Babin reports how dividend suspensions can hurt investors.

Britain's bank rescue a different plan

Oct 8, 2008
The British government announced its move to help the country's banking system by incorporating $90 billion of taxpayers' money. Stephen Beard tells Renita Jablonski why this bucks the trend of government policy.

Listeners tell us their concerns

Oct 8, 2008
We heard from listeners about what their greatest economic concerns were in the financial crisis. Among them: the tough job market and the recent lowering of gas prices.
A jobs sign in lures workers in Louisiana
Sam Eaton

HUD can't help all homeowners

Oct 8, 2008
The Department of Housing and Urban Development met on whether all-government housing assistance programs would help struggling homeowners. Danielle Karson reports they may not have enough funds to face the problem.

Europe guarantees all bank deposits

Oct 8, 2008
The Luxembourg meeting of 27 of Europe's finance ministers wrapped up with guarantees for all European bank deposits up to $70,000. Megan Williams reports why the guarantees couldn't be much larger.

Britain has a brand new bailout

Oct 8, 2008
Today Britain has unveiled a bailout package which would buy up billions worth of preferred stock in eight British banks. Renita Jablonski talks to David Buick of BGC Partners about how it would work.
City workers walk through London's Canary Wharf
Shaun Curry/AFP/Getty Images

Central banks coordinate rate cuts

Oct 8, 2008
The U.S. Federal Reserve led a round of rate cuts by central banks around the world amid fear of a global recession. Jeremy Hobson reports that the move could be one of the last tricks central banks have.

The team

Stephen Ryan Producer, BBC