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Oct 7, 2008

Marketplace Report for Tuesday, September 7, 2008

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Marketplace Report for Tuesday, September 7, 2008

Segments From this episode

Fed becomes 'lender of last resort'

Oct 7, 2008
Credit is so tight the Fed is now loaning money to businesses in need of short-term cash. Should we be worrying about the Fed's new role as America's ATM? Washington Bureau Chief John Dimsdale reports.

How commercial paper works

Oct 7, 2008
Following this economic crisis is almost like getting a degree in finance. The latest term-of-the-day is "commercial paper." Reporter Jeff Tyler asks an economist to help unravel that one.

Third quarter looking bad for banks

Oct 7, 2008
Bank of America CEO Ken Lewis says he hasn't seen such difficult conditions for banks in his 39 years in the business. Ashley Milne-Tyte reports on what to expect from third-quarter statements next week.

Big government is counterproductive

Oct 7, 2008
Commentator Susan Lee says even though Americans' political will may be lacking in this financial crisis, the economic argument for less government intervention is as powerful as ever.

Nebraska family wants fiscal change

Oct 7, 2008
Marketplace Money host Tess Vigeland stopped and talked with Nebraskans for our "Road to Ruin?" series. She was invited to a spirited dinner-table discussion with the Landis family, which she shares with host Kai Ryssdal.

Letters from our listeners

Oct 7, 2008
In our recent batch of letters, readers gave us strong opinions on the bailout, mortgage rates, revenge and blame. Host Kai Ryssdal picked out a few.

Unemployment soars in Georgia

Oct 7, 2008
Judging from the unemployment figures, the financial crisis is affecting regional economies all over the country. The state of Georgia, in particular, is feeling a lot of the pain. Steve Henn reports.

Ex-pats worry about U.S. troubles

Oct 7, 2008
Americans living abroad share their perspectives of the American financial crisis with our European Bureau Chief Stephen Beard. Another part in Marketplace's "Interested Parties" series.

Music from the episode

Dreams Whiskeytown
Story of My Life Social Distortion