Marketplace for Tuesday, September 9, 2008
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Segments From this episode
Do your retirement funds have any Fannie Mae or Freddie Mac stock in them? If so, you may want to check how much you've lost. Kai Ryssdal did, and he talks with Marketplace Money host Tess Vigeland about the financial hit you might not be aware of.
If the global financial system keeps going the way it has been, Lehman Brothers is going to need help. Shares fell almost 45% today as investors worried that the Wall Street investment bank doesn't have enough money in the bank. Stacey Vanek Smith reports.
A mass transit group says public transportation ridership was up 5% this spring over a year ago, due to $4-a-gallon gas. Meanwhile, a Senate committee is considering new transit funding. Nancy Marshall Genzer reports.
Target is opening four stores in Manhattan the size of designer boutiques -- and then closing them in a few days. It's part of a publicity campaign the company hopes will drive customers to its big stores and website. Jeremy Hobson reports.
A new children's book series called "The 39 Clues" is being marketed with a website, a movie deal and $100,000 in prize money for readers. But after Harry Potter can it still cast a spell over kids? Ashley Milne-Tyte reports.
Kai Ryssdal reviews letters from our listeners about acupuncture, Social Security's disability benefits, David Frum's take on immigration policy, and the correct way to pronounce "nuclear."
Ukraine used to be known as the breadbasket of the Soviet Union. Now it holds another distinction: Home to one of the world's largest pools of tuberculosis. Frank Browning reports on publicly and privately funded efforts to deal with the disease.