Oct 31, 2008

Marketplace Report for Friday, October 31, 2008

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Marketplace Report for Friday, October 31, 2008

Segments From this episode

Lend, don't spend bailout, Frank insists

Oct 31, 2008
Rep. Barney Frank insists banks that receive any of the $700 billion in bailout money use it for lending, not for bonuses or to take over other banks. Washington Bureau Chief John Dimsdale looks into the rules.

Treasury already working on transition

Oct 31, 2008
Offices are set aside. Phones are hooked up. The Treasury is setting up for the new administration's economic team. But whether that team has any influence before inauguration day is another story. Steve Henn reports.

Product liability case closely watched

Oct 31, 2008
The Supreme Court takes up a case next week that could affect consumers' ability to sue drugmakers over claims that a medicine caused injury or death. At issue is whether the FDA can pre-empt state juries. Janet Babin explains.

There's such a thing as a smart deficit

Oct 31, 2008
Whoever is elected president will not have an enviable job. The economy is in crisis and the defict is sky high. But commentator Thomas Frank says deficits can be good depending on how the money is spent.

Late stock swings and some credit melt

Oct 31, 2008
While there's been good news in the credit market, stocks are another story and that story is late-day volatility. To talk about both, Kai Ryssdal calls on Diana Henriques of the New York Times and trader Andy Brooks.

Financial crisis looks different in China

Oct 31, 2008
Besides food scandals, there are lots of issues for Marketplace's Shanghai Bureau Chief Scott Tong to take on. Kai Ryssdal talks to him about reporting on China's complex economy and how the nation is dealing with the global economic crisis.

MBA seekers undeterred

Oct 31, 2008
Dreams of working on Wall Street bring a flood of students into Masters of Business Administration programs each year. But even with Wall Street suffering, applications to MBA programs are way up. Adriene Hill reports.

Music from the episode

Lysergic Bliss of Montreal
Miss You The Concretes