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Dec 24, 2007

Marketplace for Monday, Dec. 24, 2007

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Segments From this episode

Merrill turns to Singapore, others for help

Dec 24, 2007
Merrill Lynch, which lost more than $2 billion last quarter on bad subprime mortgage investments, got some help today from Singapore's Temasek Holdings, Davis Partners, and GE Capital. Jill Barshay reports.

MAXjet is maxed out on debt

Dec 24, 2007
MAXjet Airways filed for Chapter 11 bankruptcy protection today, leaving some passengers stranded on Christmas Eve. Nancy Marshall-Genzer takes a look at what sent the airline into freefall.

More shoppers wait till last minute

Dec 24, 2007
If you were getting in your last-minute shopping today, chances are you're either a hardcore procrastinator or you're looking for deep discounts just before Christmas. Jeremy Hobson took a look at the holiday's final retail rush.

Turning good works into good business

Dec 24, 2007
A community of Cistercian monks in Wisconsin has developed a Web business reselling ink and toner cartridges for printers at a discount. Sarah Caniglia wrote a book about her experiences helping the "laser monks" run their website. She talks…

Zimbabwe children fend for themselves

Dec 24, 2007
With Zimbabwe's inflation out of control and about 80% of its workforce unemployed, thousands of its citizens are crossing into South Africa illegally to find work. Many of them are children who make that journey by themselves. Gretchen Wilson reports.

Drive for profit, salvation haunt 'Blood'

Dec 24, 2007
Among the films opening this week is "There Will Be Blood." Daniel Day-Lewis stars as a wildcat oil driller in this loose adaptation of an Upton Sinclair novel. Commentator John Brady says the film offers a look at some uniquely…

Churches rely on Christmas rush, too

Dec 24, 2007
Retailers aren't the only ones counting on the Christmas rush. December is high season for church going. And while year-end isn't exactly make-or-break time for churches, the way it is for stores, it is a key time to fill up…

Music from the episode

Merry Christmas Baby Bootsy Collins
Open Spaces Jonny Greenwood
New Slang The Shins
Old Lost John Brownie McGhee & Sonny Terry