Mar 16, 2009

Marketplace for Monday, March 16, 2009

Segments From this episode

Where is AIG spending that money?

by Jeremy Hobson

Mar 16, 2009

With the federal government paying $170 billion to bail out AIG so far, why is the insurance company turning around and paying multi-billions to other banks and creditors? Kai Ryssdal speaks with reporter Jeremy Hobson about where the money's going and why.

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Fallout: The Financial Crisis

Can those AIG bonuses be stopped?

by Steve Henn

Mar 16, 2009

President Obama wants to stop AIG from handing out bonuses to executives who nearly drove the firm to bankruptcy. But AIG says its hands are tied because of legally-binding contracts. Steve Henn reports.

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Fallout: The Financial Crisis

Bonuses for crashing capitalism?!

by Marketplace Staff

Mar 16, 2009

AIG says its hands are tied when it comes to paying bonuses to employees of its disastrous financial product division. Commentator Paul Kedrosky thinks some people ought to have their heads examined.

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Taxpayer anger threatens bailout plans

by Marketplace Staff

Mar 16, 2009

With taxpayer dollars on the line, anger over AIG is threatening government support for future bailouts. John Dimsdale reports on whether the federal government will have support to help anybody else.

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The Big Shift

Why the rich matter

by Jeff Tyler

Mar 16, 2009

Thanks to greedy bankers and cons like Bernard Madoff, the wealthy aren't so popular these days. But if you think the rich don't benefit the rest of us, think again. Jeff Tyler reports.

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Cisco takes on IBM, HP with servers

by Marketplace Staff

Mar 16, 2009

Network equipment maker Cisco has announced it will start selling its own data center servers. Will it be able to compete with rivals IBM and Hewlett-Packard? Mitchell Hartman reports.