Sep 12, 2008

Marketplace for Friday, Sept. 12, 2008

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Segments From this episode

What's Treasury planning for Lehman?

Sep 12, 2008
Treasury Secretary Henry Paulson hasn't said anything in public yet about rescuing Lehman Brothers from its credit crisis calamity. We asked Jeremy Hobson to find out why not.

Car makers want financial help, too

Sep 12, 2008
Financial institutions aren't the only companies poking around Washington looking for help. Car makers want low-interest loan guarantees of $25 billion to retool factories to build hybrids and other fuel-efficient cars. John Dimsdale reports.

Ike has Texas refineries in its sights

Sep 12, 2008
Weather forecasters say Hurricane Ike is going to wallop the south Texas coast and its oil refineries early Saturday morning. To find out what that's going to mean for oil and gas prices, Kai Ryssdal talked with economist Ray Perryman.

China shows Costa Rica the money

Sep 12, 2008
China recently bought $300 million in bonds from Costa Rica in a "checkbook diplomacy" strategy to move the nation's allegiance from Taipai to Beijing, according to a newspaper report. Dan Grech has more.

This week: Big losses and bailouts

Sep 12, 2008
In a few days, Lehman Brothers will still be a going concern or it won't. It's a turn of events that didn't seem likely on Monday when the news was all about Fannie and Freddie. Amy Scott's been following developments…

Class is in session, but funds are tardy

Sep 12, 2008
With unemployment up, community colleges' enrollments are rising too. Many schools are short on funds and are having trouble handling the spike, especially in California where politicians are late in approving the state budget. Julie Small reports.

Student loan fixes will generate heat

Sep 12, 2008
Presidential candidates Barack Obama and John McCain say they'll reform the federal government's $150 billion student financial aid program. Commentator Kim Clark says that's great, but it's going to come with political costs.

Counterfeiters sour fine wine trade

Sep 12, 2008
Fine wine prices have shot up dramatically in recent years. But wine collectors aren't the only ones seeing dollar signs. So are wine counterfeiters. An estimated 5% of wines sold in secondary markets could be fakes. Krissy Clark reports.

Music from the episode

San Diego Shawn Lee's Ping Pong Orchestra
Excelsior Lady The Donkeys
Autumn Sweater Yo La Tengo
Puntos Cardinales Café Tacvba
What's A Girl To Do? Bat For Lashes