Marketplace for Tuesday, July 29, 2008
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Segments From this episode
WTO's Doha round derails again
Trade talks in Geneva derailed today as the U.S., India and China failed to reach an agreement on farm tariffs. Host Kai Ryssdal asks Marketplace's Stephen Beard if this is the end for the Doha round.
Merrill Lynch unloads subprime loans
The big bank had been waiting with the hope of breaking even on its loan portfolio, but announced late yesterday that it will sell off its repackaged debt at a huge loss. Bob Moon reports.
Mass. lender can't aid 40,000 students
Families in Massachusetts had been counting on a state-run lending agency for college aid, but tough times on the credit markets mean students will have to turn elsewhere. Curt Nickisch reports.
Firefighting efforts burn through money
The equipment necessary to stave off wildfires costs a lot of money. Host Kai Ryssdal asks L.A. Times reporters Bettina Boxall and Julie Cart who's making a buck off the blazes.
Best Beach Reads: 'Pattern Recognition'
Commentator and writer Karrie Jacobs continues our series on the best summer beach reads with William Gibson's "Pattern Recognition."
Letters from our listeners
Host Kai Ryssdal reads listener comments on a few of our recent stories. This week: The yarn industry is tight knit in tough times, defending clotheslines and clearing up a few yellow flags on our Formula 1 coverage.
Pacific salmon supply drying up
Salmon fisheries in the Pacific Northwest are in serious trouble and dwindling supply means fish markets and restaurants are scrambling to find an alternative for their customers. Mitchell Hartman reports.
Stevens indicted for false statements
Alaska's Senator Ted Stevens is accused of seven counts of making false statements on financial disclosure forms related to his close ties with an energy company. Steve Henn reports.
Music from the episode
Fisherman's Blues - 2006 Remaster The Waterboys
Naked As We Came Iron & Wine
Going Nowhere Cut Copy
Glass Conversation The Ponys