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Jun 27, 2007

Marketplace PM for June 27, 2007

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Segments From this episode

Brown takes reins as U.K. prime minister

Jun 27, 2007
Gordon Brown is Britain's new prime minister. As Tony Blair's finance chief he was highly praised for how he ran the economy. Now that he's moving into 10 Downing Street, how will he run the country? Stephen Beard reports.

What campaigns need is a blind trust

Jun 27, 2007
Some people say the Supreme Court's ruling this week on campaign ad spending opens the floodgates to a barrage of last-minute issue ads. But commentator Robert Reich says they're missing the real issue.

A harder look at private-equity deals

Jun 27, 2007
A lot of the recent private-equity acquisitions have been paid for with borrowed money. But some of the people loaning the money for those kinds of deals are now saying there's too much debt involved. Amy Scott reports.

Fed closing check-processing centers

Jun 27, 2007
Because people are writing fewer checks, the Federal Reserve says it's going to close almost all of its 22 check-processing centers. ThPat Barron, head of the Fed's check processing operations, explains what's happening.

Guitar Center follows its own drummer

Jun 27, 2007
Guitar Center, which started almost a half century ago as a small appliance and organ shop in Hollywood, has been bought in a private-equity deal. How did the company get to being worth $2 billion? Rachel Dornhelm reports.

Maybe Hooters and Puritans don't mix

Jun 27, 2007
Hooters has shown strong growth nationally -- except in New England where the franchise known for its busty waitresses faces Chapter 7 bankruptcy and is liquidating. Curt Nickisch reports.

Number of millionaires growing fast

Jun 27, 2007
A report out today says that about a third of the world's 9.5 million millionaires live in the U.S. Robert Frank, who writes the Wealth Report column for the Wall Street Journal, discusses the report with Scott Jagow.

Firefighters want flame retardant put out

Jun 27, 2007
A flame retardant in most homes keeps appliances and electrical wiring from catching fire, but a lot of firefighters want to get rid of it anyway because of the fumes it gives off when it burns. Sasha Aslanian reports.

Music from the episode

SexyBack Justin Timberlake, Timbaland
Musique Daft Punk
Take Me Out Franz Ferdinand
Closer Than Most The Beautiful South