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Jan 12, 2009

Marketplace for Monday, Jan. 12, 2009

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Segments From this episode

Obama, Bush seek more TARP funds

Jan 12, 2009
President-elect Obama has asked President Bush to request that Congress release the second half of the federal bailout money -- $350 billion. But to get some of it, banks will have to jump through a few more hoops. Nancy Marshall Genzer reports.

Bills could let judges rework mortgages

Jan 12, 2009
Two bills making their way through the House and Senate would empower federal bankruptcy court judges to rework the terms of mortgages headed into foreclosure. Lenders have opposed such bills. But these two are gaining momentum. Steve Henn reports.

Is bailout helping fund mega-merger?

Jan 12, 2009
Citigroup is expected to announce a merger of its famous Smith Barney brokerage with Morgan Stanley. But what's Morgan Stanley getting out of the deal? And where's it getting the money to buy Smith Barney? From taxpayers? Sarah Gardner reports.

'Bailout' to healthy banks questioned

Jan 12, 2009
Many small, healthy banks got some of the first half of the federal government's $700 billion bailout. Critics want to know why they got the cash and what they're doing with it. Tom Banse reports.

Did British banks skirt U.S. sanctions?

Jan 12, 2009
Several British banks are under investigation for helping customers in countries like Iran, Libya and Sudan get around U.S. trade sanctions. Marketplace's Europe Bureau Chief Stephen Beard explains to Tess Vigeland.

AOL dials up a change in structure

Jan 12, 2009
AOL is adapting to a changing Internet by consolidating all of its Web 'zines under a single unit. The new strategy could lead to more advertising dollars. Janet Babin reports.

In hard times, auto show must go on

Jan 12, 2009
Despite the economy, automakers are coming forward with new products at the North American International Auto Show in Detroit. Host Tess Vigeland talks with The New York Times' Micheline Maynard about how environmental concerns are showing up in the cars on display.
Rick Wagoner, General Motors Chairman and CEO, introduces a lithium-ion battery (not pictured) that GM will manufacture for the Volt electric car during a press preview  at the North American International Auto Show in Detroit.
Stan Honda/AFP/Getty Images

Putting financial help into social work

Jan 12, 2009
Hundreds of thousands of people need help with food and rent and medical bills. Social workers often help provide resources. But a growing number want to tackle money issues as well. Reporter Cathy Duchamp looks into the idea of financial social work.

Music from the episode

Double Dolphins On the Nickel Mice Parade
Double Dolphins On the Nickel Mice Parade