Marketplace for Friday, Jan. 2, 2009
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Segments From this episode
President-elect Barack Obama's stimulus plan could cost nearly $800 billion. Some Republicans worry that money could be wasted on pork barrel projects and say it's time to curb spending. But is their call for fiscal conservatism coming at the right time? Nancy Marshall Genzer reports.
The slumping U.S. steel industry is likely to be a major beneficiary of Barack Obama's stimulus plan, which focuses on improving infrastructure. Some in the industry even want a "buy American" clause in the bill. Jeremy Hobson reports.
Ever notice that there are a lot of acronyms involved in finance and business? TARP. FDIC. LIBOR. Well, there's a good reason for them. Kai Ryssdal speaks with author and blogger Leslie Savan about the financial alphabet soup.
Kai Ryssdal asks Andy Brooks of T. Rowe Price and Felix Salmon of Portfolio magazine whether there have been some good things from the 2008 financial crisis, and how long it might take to see some benefits from them.
Several factors contributed to the 2008 financial meltdown, but one of the main culprits may have been regulation, or lack thereof. Kai Ryssdal speaks with Steve Henn about the deregulatory trend and the push for more regulation that is expected to come.
Jobs with private equity firms are highly coveted positions in finance. But getting inside their secretive world can be difficult for outsiders. Amy Scott takes us inside with a woman who claims to be a part of it.