Claim your bonus gift: give any amount to get 4 KaiPA coasters! Donate today
Oct 23, 2008

Marketplace Report for Thursday, October 23, 2008

HTML EMBED:
COPY

Marketplace Report for Thursday, October 23, 2008

Segments From this episode

Hope at last for struggling homeowners

Oct 23, 2008
The government's financial bailout team is turning its attention to helping struggling homeowners avoid foreclosure -- finally, some would say. Washington Bureau Chief John Dimsdale has details.

Alan Greenspan's 'shocked disbelief'

Oct 23, 2008
Former Fed Chairman Alan Greenspan told Congress he's "shocked" at the financial meltdown. He did concede his belief in deregulation was flawed, but Nancy Marshall Genzer asks, did Greenspan really not see this coming?

Will GM benefit cuts become a trend?

Oct 23, 2008
GM is suspending its contributions to employee 401k's, a rare step that affects thousands of GM workers. Will other companies follow suit as they struggle to cut costs? Jeremy Hobson has the story.

The sky didn't fall on Lehman swaps

Oct 23, 2008
Hundreds of billions in losses were expected from Lehman Brothers' credit default mess. But the reality wasn't so disastrous after all -- more like $5 billion. New York City Bureau Chief Amy Scott reports.

Ca-ching goes the Federal Reserve

Oct 23, 2008
The Federal Reserve has bailed out Fannie Mae, Freddie Mac, Bear Stearns, Lehman Brothers. And there's more to come. The total is estimated at $1.4 trillion. Wondering where that money comes from? Rico Gagliano finds out.

Old mortgage practice has merit

Oct 23, 2008
The plan to help homeowners facing foreclosure will cost $40 billion, and the money would come from the original pool of bailout money. But commentator Andrew Caplin resurrects an old idea that doesn't involve all that cash.

Stupid decisions that sink businesses

Oct 23, 2008
If recent business disasters prove anything, it's that some people never learn. Kai Ryssdal talks with the authors of "Billion Dollar Lessons," a book on how the same mistakes caused 750 companies to fail.

Obama's ready for prime time

Oct 23, 2008
Barack Obama will run half-hour prime time ads on national networks next week. The payoff: Reaching 20 million Americans right before the election. The cost: about $3 million. But, Steve Henn reports, it's not like he's short on cash.

Music from the episode

On Call Kings of Leon
on a Letter The Sea and Cake