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Aug 22, 2007

Marketplace PM for August 22, 2007

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Segments From this episode

No credit crunch with Dubai World

Aug 22, 2007
The government-owned holding company Dubai World is going to take a minority slice of MGM Mirage's hotel and gaming enterprise for $5 billion. Dubai World's been on a buying spree of late. Lisa Napoli reports.

Market turmoil is good for S&Ls

Aug 22, 2007
The mortgage industry can't come up with cash. Mortgage companies are laying people off — or worse, going bankrupt. But investors are smiling on one slice of the mortgage market, the good, old-fashioned thrift. Jill Barshay reports.

Proof of age required for social sites?

Aug 22, 2007
States are trying to force sites like Myspace and Facebook to come up with ways to verify their members are a minimum age. Kai Ryssdal talks with Victoria Barret at Forbes magazine to find out what that might do to…

The rise and fall of Mondavi

Aug 22, 2007
Robert Mondavi gets a lot of the credit for bringing California to prominence in the global wine industry. But his business didn't always see healthy returns. Julia Flynn Siler has written a biography of Mondavi. She talks with Kai Ryssdal.

A swift reversal of fortune

Aug 22, 2007
Relative calm has settled in the stock markets. But there are still some unsettling noises coming from the housing and mortgage industries. Recently, tens of thousands of people in the lending business have lost their jobs. Bob Moon reports.

Crossing over in a new direction

Aug 22, 2007
It used to be that Spanish-speaking singers would occasionally cross over into America's English-language charts. Now, English-speaking artists are looking to deliver their songs in Spanish. Ambar Espinoza reports.

China, U.S. need free-market police

Aug 22, 2007
There's been some talk that all the problems China is having with manufacturing can be traced to its get-rich economic system. But commentator Robert Reich says our brand of free market isn't squeaky clean either.

Bush backers begin surge of their own

Aug 22, 2007
President Bush's speech today to the VFW is the opening volley in a White House campaign to build support for keeping troops in Iraq. And, as Steve Henn reports, the president will have some well-financed allies backing him up.