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Jan 24, 2008

Marketplace for Thursday, Jan. 24, 2008

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Segments From this episode

Stimulus aims to put cash in our pockets

Jan 24, 2008
Americans can expect a hefty tax refund from the I.R.S. this spring, and homebuyers will have an easier time getting home loans if a proposed economic stimulus plan agreed to by the Bush administration and House Democrats is enacted. Stacey…
House Speaker Nancy Pelosi of California announces the proposed economic stimulus package worked out between the Bush administration and the House today as House Minority Leader John Boehner of Ohio, left, and U.S. Treasury Secretary Henry Paulson look on.
Chip Somodevilla/Getty Images

French bank loses billions to fraud

Jan 24, 2008
Societe Generale, the second-largest bank in France, says one of its traders racked up $7.14 billion in losses from fraudulent transactions. How did he do it? Stephen Beard reports.

Clinique finds market wrinkle to fill

Jan 24, 2008
Cosmetics maker Clinique is teaming up with Botox maker Allergan to sell a product line exclusively for use in doctors' offices. Ashley Milne-Tyte reports.

A primer on bond insurers' mess

Jan 24, 2008
New York's insurance regulator says investment banks may have to pony up as much as $15 billion to bail out their insurance companies. Why? Kai Ryssdal turns to Marilyn Cohen of Envision Capital Management to get a bond-insurance primer.

Can Wall Street drama get MOJO on?

Jan 24, 2008
MOJO, a high-definition TV channel, is trying to pump up its ratings with some financial flash. Tonight it debuts a new show called "Wall Street Warriors." Jill Barshay takes a look.

Rate cut will help home market -- a bit

Jan 24, 2008
This week's interest rate cut by the Fed will give the housing industry a shot in the arm. But what will it mean for homeowners and potential home buyers? Steve Tripoli reports.

Should we stay or should we sell?

Jan 24, 2008
Home sales usually pick up in January. But not this year. The credit squeeze has made home loans harder to come by. So sellers are thinking twice before they put their places up for sale. Sally Herships met one couple…

Housing First needs a strategy to last

Jan 24, 2008
With the number of homeless in America rising, Washington has devised a program called Housing First to get people off the streets. Commentator Brendan Koerner says that while the program is based on a tried and true business strategy, the…

Music from the episode

Twin Killers Deerhoof
L'Amour À 3 Stereo Total