Marketplace for Wednesday, July 15, 2009
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Segments From this episode
Is CIT worth saving?
Things have gotten worse for CIT, one of the country's largest lenders to small and mid-sized businesses. Some customers are drawing down their credit lines, and the government is trying to figure out if CIT is too big to fail. Jeremy Hobson reports.
Ratings firms claim free-speech rights
The California Public Employees' Retirement System, or CalPERS, is suing the country's three largest credit-rating agencies for "negligent misrepresentations." But the First Amendment is likely to come into play. Bob Moon reports.
7-11 expands amid real estate slump
Taking advantage of cheaper real estate, 7-Eleven is aggressively expanding nationwide and adding 250 new stores. But the convenience store chain is not the only company hoping to come out ahead during the recession. Dan Grech reports.
Tax the wealthy, keep everyone healthy
The big debate over health care reform is how to pay for it. The latest proposal comes at a very high price -- more than $1 trillion. To help pay for it, House Democrats want to tax the wealthy. Commentator Robert Reich says that's a good idea.
Wal-Mart to gauge 'green' products
As part of its ongoing efforts to "go green," mega retailer Wal-Mart is looking to measure the social and environmental impacts of its products. Sam Eaton reports.
Green jobs coming to U.S. from afar
A growing number of U.S. jobs in the wind and solar business are here thanks to companies outside the country. Sarah Gardner reports on why overseas companies are moving in.
Letters: G.I. Bill, stimulus, Christmas
Kai Ryssdal reviews what listeners had to say about our history of the G.I. Bill, Justin Wolfers' commentary on our need for another stimulus package, Christmas in July and Massachusetts' film tax credit.
'Vulture investors' feast on scrap assets
Research firm Dun & Bradstreet is predicting a 60% increase in bankruptcies in the U.S. -- bad news for most people, but good news for a class of investors named after a certain scavenging bird. Kai Ryssdal talks to "vulture investor" Mark Sorensen.
Music from the episode
Pick Up The Pieces Average White Band
American Girl Tom Petty and the Heartbreakers