Marketplace for Monday, March 31, 2008
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Segments From this episode
There are many things the Treasury secretary's plan won't do -- like rein in the loosely regulated hedge fund industry, or crack down on things like mortgage-backed securities or credit-default swaps. Amy Scott reports on what Henry Paulson didn't say.
Treasury Secy. Henry Paulson Jr. uses the word stability 21 times as he announces the administration's proposal for new financial market rules and regulations. John Dimsdale reports.
Treasury Secy. Paulson admits that, this being a presidential election year, nothing much is going to happen with his announced regulation plan anytime soon. Kai Ryssal talks about it with Joe Grundfest, who used to sit on the Securities and Exchange Commission.
An Agriculture Department report says farmers are planning to plant more soybeans than last year. As they're getting ready for the planting season, those farmers are trying to navigate some complicated finances. Adriene Hill reports.
Traders dumped shares of Merck and Schering-Plough today on news that cholesterol-lowering medications the companies made and marketed didn't do much for other symptoms of heart disease -- and might make them worse. Nancy Marshall Genzer reports.
The amount of cargo being shipped by train has dropped as the U.S. economy has slowed and imports have declined. But the freight-train business still hasn't gone off the rails. Jeff Tyler reports.
"The upfronts" -- the events where TV networks tell advertisers what's on and advertisers plunk down billions to buy time -- are going to be a bit different this year, beginning this week. Joe Adalian, the TV editor at Variety, explains to Kai Ryssdal.