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Marketplace Report for Wednesday, October 22, 2008
Oct 22, 2008

Marketplace Report for Wednesday, October 22, 2008

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Marketplace Report for Wednesday, October 22, 2008

Segments From this episode

SEC wants executive salaries reined in

Oct 22, 2008
Millions of dollars flood into the bank accounts of CEO's as a reward for high-risk behavior. Should CEO's still be making millions while taxpayers bail out their struggling companies? Marketplace's Stacey Vanek-Smith reports.
John White, director of the Securities and Exchange Commission's division of corporation finance
web.mit.edu

U.S. dollar bouncing back

Oct 22, 2008
When the value of the U.S. dollar dropped, Americans traveling out of the country were bummed. But American companies made good money doing business overseas. Well, the tide is turning. Senior Business Correspondent Bob Moon reports.

Touring the new Google-powered phone

Oct 22, 2008
Finally, it's here -- T-Mobil has started selling the Google-powered G1 smart phone. So what's all the fuss about? Kai Ryssdal talks with Kevin Pereira of G4 TV to find out what it does.

Fed acts to boost interbank lending

Oct 22, 2008
The Fed is jockeying to control the interest rate on loans that banks make to each other. Who cares? You should. Those rates affect the ability of consumers and businesses to get loans. Nancy Marshall Genzer reports.

Maybe 'too big to fail' is just too big

Oct 22, 2008
Taxpayers are bailing out huge Wall Street banks because their collapse would spell doom for the financial system. But commentator Robert Reich thinks it's odd to also allow those companies to consolidate and get even bigger.

MLB studying safety of maple bats

Oct 22, 2008
Maple wood baseball bats are favored by about 60% of Major League Baseball players because they perform better. But maple bats can shatter and hurt people, which has drawn the scrutiny of an MLB safety committee. Nancy Farghalli reports.
Mike Lowell of the Boston Red Sox uses a maple wood bat from Louisville Slugger
slugger.com

AIG chief's new job: Selling assurance

Oct 22, 2008
The new CEO at AIG, Ed Liddy, not only has to turn the company around, he's got to deal with some really bad press. Kai Ryssdal talks with him about the challenges ahead in our latest installment of Conversations From the Corner Office.

Marketplace Report for Wednesday, October 22, 2008