Marketplace for Tuesday, November 25, 2008
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Segments From this episode
In the latest installment of the bailout, the Federal Reserve plans to target consumer loans and mortgage-related debt with an $800 billion infusion. It's an effort to get money flowing again in the secondary market that invests in those loans.
The Treasury Department's rescue plan is looking a lot different than what was sold to Congress in September. With so much taxpayer money on the line, the tab's getting bigger than lawmakers imagined. Our Washington Bureau Chief John Dimsdale reports.
About 18 months ago Australian mining giant BHP Billiton decided it was a good time to get bigger. It launched a hostile bid for its smaller British rival Rio Tinto -- a $200 billion deal. But today BHP walked away. Dan Grech reports.
Whether layoffs come in bunches or one by one, it's never fun to be on the receiving end. And it's not much better for those who are left behind. Sally Herships reports.
Kai Ryssdal reviews your letters and comments about a bailout of the Big Three automakers, serial-return shoppers, and a suggested new name for the Troubled Asset Relief Program -- with a stronger acronym.