Feb 9, 2012

Marketplace for Thursday, February 9, 2012

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After a year in the making, the government finally reaches a foreclosure settlement with five major banks. The Greeks, too, have reportedly settled on making austerity cuts that would also allow them to get a bailout package. The Chinese market…

Segments From this episode

States, banks reach $25 billion mortgage settlement

Feb 9, 2012
State and federal authorities unveil a $25 billion deal with big banks to address foreclosure abuses and to aid underwater homeowners.
A padlock hangs from a door of a foreclosed home on Feb. 9, 2012 in Islip, N.Y. State and federal authorities have unveiled a $25 billion deal with big banks to address foreclosure abuses and to aid underwater homeowners.
Spencer Platt/Getty Images

How do Americans feel about the banks?

Feb 9, 2012
Americans' feelings on the foreclosure deal, banks and whether they should worry about the European debt crisis. Gallup's Frank Newport offers up the latest data.

In Greece, politicians agree on austerity deal

Feb 9, 2012
Greek lawmakers have agreed on an austerity package that features spending cuts and reforms. But implementing it won't be easy.

Walter Mosley touches on economic injustice, race in 'Shoot My Man'

Feb 9, 2012
Walter Mosley's new book, "All I Did Was Shoot My Man," is more than a mystery novel. Both Mosley and his recurring protagonist, Leonid McGill, take on issues of economic injustice, inequality and the inevitable world of capitalism we live…

Bubble fears as Chinese buyers bid up art prices

Feb 9, 2012
Rich Chinese buyers are bidding up global art prices. But as some buy for investment rather than artistic merit, there are fears of a bubble.

Younger viewers watch less TV on TV

Feb 9, 2012
TV may still be the most popular pastime in America. But new media is making inroads with younger viewers, who tune in on laptops, phones and tablets.

Cleaning up the mortgage mess

Feb 9, 2012
Today's $26 billion settlement between the government and five of the nation's biggest banks could free up the billions in mortgage securities they possess. But the settlement will also change many of the ways banks deal with foreclosures.

Protests against Apple in N.Y.C. call for 'ethical iPhone'

Feb 9, 2012
There's been a lot in the press lately about working conditions in Apple factories in China. Apparently, we're worried about it -- but only a little bit.

After a year in the making, the government finally reaches a foreclosure settlement with five major banks. The Greeks, too, have reportedly settled on making austerity cuts that would also allow them to get a bailout package. The Chinese market for art is spinning out of control. Youngsters are running away from the TV sets. And Kai Ryssdal talks to Walter Mosley, author of “All I Did Was Shoot My Man,” about race and class in the age of global capitalism.

Music from the episode

Excuses The Morning Benders
The Reeling Passion Pit
Electricity - 2003 Digital Remaster Orchestral Manoeuvres In The Dark