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Marketplace for Tuesday, December 10, 2013
Dec 10, 2013

Marketplace for Tuesday, December 10, 2013

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So the Volcker Rule text is out – and now the search for loopholes begins. To what extent have lobbyists and lawmakers already negotiated the workarounds so they’re baked into the Volcker Rule’s language? Also, the U.S. is no longer an investor in General Motors – and today the automaker has a new CEO in the shape of Mary Barra. Finally, the founding chairman of Lululemon has stepped down after 15 years at the head of the company. Investors regarded him as something of a “loose cannon”, and news stories abound of his curious approach to corporate culture. 

Segments From this episode

No cuts, no color, just blow-outs.

Dec 10, 2013
A simple idea that finds success in the world of affordable luxury.

GM's new CEO is a woman. So what? What will she do for GM?

Dec 10, 2013
GM is now free of the U.S. government holding at stake in it, and has named a new chief executive, its first woman but a GM lifer.

What's wrong with giving money away? Even generosity has critics

Dec 10, 2013
Each year, Americans give away billions of dollars. Some of those donations, particularly the large ones, come in for criticism.
Flickr/nocklebeast

Cerberus struggles to sell Bushmaster rifle maker

Dec 10, 2013
Despite public efforts, private equity firm struggles to sell Freedom Group.

Lawmakers announce bipartisan budget deal

Dec 10, 2013
The $85 billion agreement would set new spending levels for the next two years and create $63 billion in so-called 'sequester relief.'

The first Volcker Rule loophole?

Dec 10, 2013
The federal government released a key part of the Dodd-Frank financial reform, and attorneys for banks are poring over its more than 900 pages.

Lululemon tries to get past transparent pants-gate

Dec 10, 2013
The yoga apparel giant appoints a new chief.
via Lululemon.com

So the Volcker Rule text is out – and now the search for loopholes begins. To what extent have lobbyists and lawmakers already negotiated the workarounds so they’re baked into the Volcker Rule’s language? Also, the U.S. is no longer an investor in General Motors – and today the automaker has a new CEO in the shape of Mary Barra. Finally, the founding chairman of Lululemon has stepped down after 15 years at the head of the company. Investors regarded him as something of a “loose cannon”, and news stories abound of his curious approach to corporate culture. 

Music from the episode