Marketplace PM for October 30, 2006
Oct 30, 2006

Marketplace PM for October 30, 2006

Stories You Might Like Real diversity or “racial outsourcing”? Mortgage rates are on their way down U.K. budget watchdog meets with PM The economics of kidnapping The costs of living in an oil-based economy It’s time to talk tech as India PM Modi heads to Washington

Segments From this episode

Hedge funds leaning blue

Oct 30, 2006
Leading hedge funds have been making major contributions to the Democratic Party heading up to the midterm elections. Amy Scott looks at what's behind the industry's tilt to the left.

Nigeria's oil curse

Oct 30, 2006
Protesters yesterday shut down an oil pumping station in the Niger Delta. It's one of the richest oil regions in the world, but residents don't benefit much. Host Kai Ryssdal talks to documentary filmmaker Sandy Cioffi who just returned from the area.

Treasury market manipulation?

Oct 30, 2006
Government regulators are reportedly looking into possible illegal manipulation of the $4.5 trillion U.S. Treasury bonds market. John Dimsdale reports.

Millions worth of weapons missing

Oct 30, 2006
There's news out of Iraq that the U.S. military has lost track of tens of thousands of weapons purchased for Iraqi security forces — and failed to record serial numbers for about 370,000 weapons. Hillary Wicai reports.

It's still the economy stupid

Oct 30, 2006
The GOP's strategy of focusing on Iraq and national security seems to be backfiring in the polls. A majority of Americans are now against the war. So perhaps this election isn't about the economy after all? Commentator Benjamin Barber says, yes it is.

Repairing the Red Cross

Oct 30, 2006
Stung by criticism of how it handled Hurricane Katrina and the 9/11 attacks, the American Red Cross today announced plans for a major overhaul that includes slashing its 50-member board. Helen Palmer reports.

Trouble at Clear Channel

Oct 30, 2006
Clear Channel today posted higher-than-expected Q3 profits, but earnings are down and its stock price has tumbled since 2000. As the media giant considers whether to put itself up for sale, Lisa Napoli adds up the numbers.

Even more fraud on Wall Street

Oct 30, 2006
The SEC is already investigating more than 100 companies for possible stock option backdating. Now it turns out that some executives may have also fudged exercise dates in order to avoid income taxes. Jeff Tyler explains.