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Mar 26, 2009

Marketplace for Thursday, March 26, 2009

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Marketplace for Thursday, March 26, 2009

Segments From this episode

New regulations match modern finance

Mar 26, 2009
Treasury Secretary Timothy Geithner says as financial instruments have gotten more complex, government regulators haven't kept up. That's why he's asking Congress for more authority to regulate the system. John Dimsdale reports.

Industry unhappy with regulatory plans

Mar 26, 2009
The financial industry knows regulatory changes are coming soon, but that doesn't mean they have to like it. Jeremy Hobson reports on the industry's reaction.

Fed as super-regulator a super bad idea

Mar 26, 2009
Congress is seeking to create legislation to regulate the broken financial system. Commentator Susan Lee says one idea to make the Federal Reserve a super-regulator isn't very super at all.

U.S. food tracing system is moldy

Mar 26, 2009
A new Health and Human Services report reveals disturbing gaps in the government's ability to trace food sources. Janet Babin reports.

Iceland in the cold after collapse

Mar 26, 2009
Iceland's economy crashed last year after its three largest banks collapsed. Stephen Beard reports on how the country is coping with the fallout.

Why home ownership is U.S. obsession

Mar 26, 2009
Kai Ryssdal speaks with Columbia Professor Edmund Phelps about the reason why so many Americans want to own their own homes.

Sioux Falls jobs drop as defaults soar

Mar 26, 2009
After Sioux Falls got rid of its credit card interest rate limits, financial giants moved in and brought thousands of jobs to the city. But with defaults soaring, the job market has tanked. Stacey Vanek-Smith reports.
Dacotah Bank in downtown Sioux Falls, S.D.
Stacey Vanek-Smith / Marketplace

Music from the episode

Bandages Hot Hot Heat
Amazing Glow Pernice Brothers
Cissy Strut The Meters