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Jun 5, 2008

Marketplace for Thursday, June 5, 2008

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Segments From this episode

Prime loans move into foreclosure

Jun 5, 2008
Loans that were traditionally considered safe are beginning to fall into foreclosure. Host Bob Moon gets financial analyst Greg McBride's thoughts on the spread of the subprime mess.

Cuomo gets a deal on rating overhaul

Jun 5, 2008
New York Attorney General Andrew Cuomo announced a deal with three major credit rating agencies to overhaul the way they look at mortgage-backed securities. Jill Barshay has the story.

Verizon to buy Alltel

Jun 5, 2008
Verizon Wireless is buying rural telephone company Alltel. This will make Verizon the largest U.S. wireless service provider. Dan Grech reports on the effect the deal will have on their millions of combined customers.

U.S. could lose billions in oil royalties

Jun 5, 2008
A GAO report says omissions and litigation could keep the federal government from recouping $53 billion in oil royalties, even as oil companies enjoy record profits. Sarah Gardner explains.

Inflation a drag on Vietnam's economy

Jun 5, 2008
Sky-high inflation and a slew of labor strikes have brought the Vietnamese economy to its knees. Host Bob Moon speaks with Marketplace's Scott Tong in Beijing about Vietnam's economic future.

Investors plowing money into farms

Jun 5, 2008
A new twist on the global rush for food: investors are going straight to the source and investing in farmland and equipment. Host Bob Moon talks to Diana Henriques of The New York Times about this new trend.

Ad men don't get what women want

Jun 5, 2008
Advertising is a seduction, but commentator and ad-watcher Andrea Gardner says that for all the purchasing power women have, advertisers don't always give a lot of thought to what they want to hear.

Don't leave home with it

Jun 5, 2008
A tiny town in England has a novel way to encourage people to buy local -- printing its own currency for in-town purchases. Stephen Beard reports.

Music from the episode

The Shy Retirer Arab Strap
Flightless Bird, American Mouth Iron & Wine