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Oct 26, 2007

Marketplace for Friday, Oct. 26, 2007

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Segments From this episode

Countrywide shares jump on CEO's news

Oct 26, 2007
Despite Countrywide's $1.2 billion loss in the 3rd quarter, its CEO says the black ink is about to start flowing again. That word sent its shares soaring. Steve Tripoli reports on whether people bidding up those shares are drinking more…

Big banks' subprime fund not so super?

Oct 26, 2007
Former Treasury Secy. John Snow says he doubts that a so-called superfund set up by big banks to cushion the mortgage meltdown is going to work. Kai Ryssdal talked with Reuters columnist James Saft to find out why not.

Supermarkets shop for upscale niche

Oct 26, 2007
Have you noticed that all the big grocery chains seem to be going upscale? Which is why the Dutch conglomerate that owns the Giant Food chain here in the states is renovting 100 of its stores. Steve Henn reports the…

Southeast economy faces long dry spell

Oct 26, 2007
Many towns and cities in the Southeast, including Atlanta, are months away from completely running out of water. Sam Eaton reports the economic fallout is only beginning.

Week on Wall Street

Oct 26, 2007
Stockbroker and business analyst David Johnson chats with Kai Ryssdal about what happened on Wall Street this week and what may lie ahead.

Red Sox brand is a green monster

Oct 26, 2007
At the World Series, advertisers aren't the only ones getting more savvy at making their products friendly to consumers. Commentator Glenn Rifkin says, just like Chevy, the Boston Red Sox have been polishing up their brand.

Halloween stores scare up a lot of cash

Oct 26, 2007
Fly-by-night costume shops land in empty storefronts about this time every year. They hawk their hats and their brooms. And by the time November rolls around they've disappeared. Caitlan Carroll reports the amount of cash they take with them is…

Does the term 'bubble' come to mind?

Oct 26, 2007
At a conference for programmers of applications for the social-networking website Facebook, the excitement seems eerily similar to a period about 10 years ago.

Music from the episode

Goin' Down South R.L. Burnside
Sweet Caroline Neil Diamond
Billie Jean Michael Jackson