Marketplace for Tuesday, August 4, 2009
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Segments From this episode
The Treasury Dept. reports that fewer than 10% of eligible delinquent home-loan borrowers get help through the mortgage modification program. Some banks are doing better than others, but Obama administration expects all banks to do more. Bob Moon reports.
General Electric is paying the SEC $50 million to settle a fraud suit alleging that GE reported false accounting numbers seven years ago. Amy Scott reports on why the investigation took so long.
A new study shows that consumers are dissatisfied with online travel Web sites due to hidden fees often tacked on to purchases. Some travelers are even turning to old-fashioned travel agents. Dan Grech reports.
President Obama is heading back to Indiana for the fourth time in the past 15 months - he visited the city of Elkhart back in February. The economy is likely to be a major topic, since the state has been hard-hit by the downturn. Tamara Keith reports.
Elkhart, Ind. is largely dependent on sales and manufacturing of RVs. Needless to say its an industry not faring well in this recession. Kai Ryssdal talks with dime-store owner Mac McNally of Elkhart about Obama's visit and the economic straits of the Midwestern city.
Selling tamales on the streets of Los Angeles is a dangerous game of hide-and-seek. Tamale vendors, or "Tamaleros," have to avoid obstacles like gangs, traffic, police and health inspectors to make only about $30 a day. Devin Browne talks to one Tamalero who's found ways to stay in business.
Kai Ryssdal talks with health reform czar Nancy-Ann DeParle to smooth out some confusing facts about health-care reform. She also explains what President Obama will be doing while Congress is on summer recess.
Britain has come a long way from the era of classes and nobility, but a government-sponsored report finds that the poor are still cut off from top jobs. Medicine and law are open only to the rich, and the divide is only getting deeper. Stephen Beard reports.