Oct 26, 2011

Marketplace for October 26, 2011

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We looked at who is the top 1 percent and how are they are making their money. President Obama announced a new plan to ease the pain of student loan repayment. Former Goldman Sachs director Rajat Gupta was indicted for insider trading. Personal relationships are affecting the eurozone talks. Floodwaters in Thailand are threatening manufacturing facilities of many multinational corporations. Efficiency efforts to bring down global computing power consumption may be better pointed elsewhere. Lastly, Todd Buccholz's commentary saw the Greek bailout as a question of German culture.

Segments From this episode

Letters: The grasshopper and the ant

Oct 26, 2011
Going over listeners' responses to past broadcasts. This week: your versions of the grasshopper and ant fable, and how it relates to Greece.

Personal drama hangs over eurozone talks

Oct 26, 2011
The three key figures in the eurozone bailout discussions aren't quite getting along, and the drama has not helped in finding a solution.

Id, ego, and debt: The Greek bailout

Oct 26, 2011
The Greek bailout has a lot to do with the history between Germany and Greece.

The state of the economy -- in haiku

Oct 26, 2011
This final note today, in which economy-watchers wax poetic. The Kauffman Foundation does a quarterly survey of economic bloggers, concentrating...

Mixed feelings about China's new river

Oct 26, 2011
A man-made waterway will carry water 1,000 miles from the Yangtze river to Beijing. It'll help with China's urban water shortage problem, but at huge costs to communities and the environment.

Top 1 percent more on top than ever

Oct 26, 2011
A government report says that over the past 30 years the top 1 percent in the U.S. doubled their share of national income. Who are the rich and how do they earn their living?

The power to run the Internet

Oct 26, 2011
Efficiency efforts to bring down global computing power consumption may be better pointed elsewhere.

Thai floods avoid capital but hit manufacturing

Oct 26, 2011
An intricate system of dykes and canals has kept floodwater out of Thailand's capital Bangkok, but diverted it to floodplains that house manufacturing facilities of many multinational corporations.

Rajat Gupta indicted for insider trading

Oct 26, 2011
The former senior partner and director at McKinsey & Company was indicted this morning for feeding trading tips to convicted insider trader Raj Rajaratnam.

Obama announces plan to lower student loan payments

Oct 26, 2011
The president wants to reduce the maximum possible payments and forgive remaining debt after 20 years. We get some perspectives on student loan debt.

We looked at who is the top 1 percent and how are they are making their money. President Obama announced a new plan to ease the pain of student loan repayment. Former Goldman Sachs director Rajat Gupta was indicted for insider trading. Personal relationships are affecting the eurozone talks. Floodwaters in Thailand are threatening manufacturing facilities of many multinational corporations. Efficiency efforts to bring down global computing power consumption may be better pointed elsewhere. Lastly, Todd Buccholz's commentary saw the Greek bailout as a question of German culture.

Music from the episode