Mar 16, 2009

Marketplace for Monday, March 16, 2009

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Marketplace for Monday, March 16, 2009

Segments From this episode

Where is AIG spending that money?

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…

Can those AIG bonuses be stopped?

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.

Bonuses for crashing capitalism?!

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.

Taxpayer anger threatens bailout plans

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.

Why the rich matter

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.

Cisco takes on IBM, HP with servers

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.

Wind farms change the air in China

Mar 16, 2009
China is using its stimulus to invest in wind power, which it hopes will boost air quality and help with energy demand. Scott Tong reports.

Music from the episode

A Different Class The Black Hollies
Such Great Heights - Remastered The Postal Service
Return To Kali Spider Nick & The Maddogs
China My China - 2004 Digital Remaster Brian Eno