Nov 2, 2007

Marketplace for Friday, Nov. 2, 2007

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Segments From this episode

Investors lose confidence in banks

Nov 2, 2007
Bank stocks got hammered for a second straight day today. Most are at 12-month lows and some are sinking even deeper. It's all about the subprime mess. But while investors are spooked, some analysts say the sector is doing just…

Oil-producing nations face dollar's drop

Nov 2, 2007
Thousands of construction workers in Dubai went on strike this week. One of their complaints is that they're paid in U.S. dollars. The falling dollar is putting a lot of pressure on Gulf countries to de-link their currencies from the…

U.S. offers Turkey help with Kurd rebels

Nov 2, 2007
The United States has promised to help Turkey stop Kurdish PKK guerrillas from operating in Northern Iraq. The PKK has killed dozens of Turkish military personnel across the border. Tess Vigeland talked with L.A. Times reporter Borzou Daragahi about attempts…
Pro-government Kurds make grey wolf signs, the symbol of Turkish Nationalists, as they chant slogans during a protest against the outlawed Kurdistan Workers' Party (PKK) in Sirnak, southeast Turkey.
Mustafa Ozer/AFP/Getty Images)

Traders take a beating, for a good cause

Nov 2, 2007
At the same time some investment banks are taking a pounding from the credit crunch, Wall Street traders come together to dish out and take some more lumps for a boxing charity event. Amy Scott was ringside.

Week on Wall Street

Nov 2, 2007
Stockbroker and business analyst David Johnson chats with Tess Vigeland about what happened on Wall Street this week and what may lie ahead.
Wall Street sign
iStockPhoto

Higher taxes won't save Social Security

Nov 2, 2007
Democratic presidential candidates are calling for a tax increase to fund Social Security for retiring baby-boomers. But commentator Glenn Hubbard argues that proposal doesn't get to the heart of the problem.

Video games are now history

Nov 2, 2007
Video-game pioneers are teaming up with the University of Texas to create a new archive that's preserving the origins of their industry. David Martin Davies reports.

Music from the episode

Liar Built To Spill
Liar Built To Spill
Liar Built To Spill