Marketplace for Thursday, August 7, 2008
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Segments From this episode
Citi to buy back $7 billion in bonds
After some nudging by authorities, Citigroup says it'll buy back billions of dollars worth of auction-rate securities to settle accusations of fraudulent sales. Bob Moon reports.
EPA rejects ethanol waver for Texas
The Environmental Protection Agency denied Texas's request for a reduction in a federal ethanol mandate. Who gains and who loses from the decision? Janet Babin reports.
Site lets you peek at a startup's future
A new site called YouNoodle launched an application to help you calculate the potential success of web startups. Rico Gagliano takes the service for a test drive.
Athletes cash in with Olympic gold
The Olympic Games officially get going tomorrow. Host Kai Ryssdal talks with Diana Nyad about the financial ramifications success at the games could have for some U.S. athletes, both known and unknown.
Time to take control of markets
John McCain has a new ad out that tries to distance him from big industries. Commentator and economist James Galbraith says he's been seeing a lot of this kind of repositioning among conservatives lately.
Mass. passing the hat for student loans
Governor Deval Patrick is asking major universities and the state pension fund to pitch in to save the state's college loan program. Host Kai Ryssdal asks Boston Globe reporter Casey Ross what the reaction has been.
Scrap metal scavenging on campus
Harvard regularly puts out free office furniture so students can comb through and find whatever they need. But lately, organizers are seeing a different group of people taking advantage of the offer. Hammad Ahmed reports.
Prosecutors investigate 'ice fixing'
Wholesale ice is a nearly $2 billion market in the U.S. and it's controlled by just three companies. Now federal prosecutors think they may be working together to control prices. Amy Scott reports.
Music from the episode
A Song for Jeffrey Jethro Tull
Love Wave Tom Tom Club