Marketplace for Friday, Dec. 12, 2008
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Segments From this episode
Congress has given corporations and retirees a break by letting businesses delay payments to pension plans and relaxing rules on mandatory withdrawals from IRAs and 401k's for people over 70. Nancy Marshall Genzer reports.
Broker Bernard Madoff has been arrested on charges that he ran a $50 billion Ponzi scheme, using money from old investors to pay off new ones. He may have even outdone Ponzi himself. Jeremy Hobson reports.
The Treasury Department may dip into the $700-billion bailout fund to rescue the ailing auto industry. Kai Ryssdal speaks with John Dimsdale about what's next for the automakers.
With the big exceptions of the auto industry and Bernard Madoff, things weren't so bad this week on Wall Street. Trader Andy Brooks and Fortune magazine's Leigh Gallagher tell Kai Ryssdal they see a few positive signs in this week's events.