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Marketplace for Wednesday, November 13, 2013
Nov 13, 2013

Marketplace for Wednesday, November 13, 2013

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Stack ranking is the office equivalent of grading on a curve. Jack Welch, at GE, brought stack ranking to the fore. And Microsoft used to use it -- but has now killed it; even as Marissa Mayer, Yahoo’s glamorous CEO, is ramping it up. Plus, new guidelines on the use of statins to lower cholesterol hold the promise to dramatically increase the number of Americans who take those drugs. Most of them are available as generics. Finally, a group of Occupy Wall Street activists has started to buy securitized personal debt on the cheap – and then forgive the debtors — not only to lift the burden from individuals, but to raise awareness about the debt collection industry and how to resist credit. 

Segments From this episode

'World's Busiest Airport' gets a hairstyle makeover

Nov 13, 2013
Believe it or not, there’s no place to get a haircut in the world’s busiest airport.

ACA's October enrollees wouldn't sell out Michigan Stadium

Nov 13, 2013
Nearly 27,000 people signed up through healthcare.gov.

Tradition of Filipino care packages aids typhoon relief

Nov 13, 2013
Many Filipinos send care packages back home, even in good times.

Statin suggestion puts spotlight on generic drug business

Nov 13, 2013
New guidelines on the use of statins to lower cholesterol hold the promise to dramatically increase the number of Americans who take those drugs.

Stack ranking: The inter-office Hunger Games?

Nov 13, 2013
Stack ranking is the office equivalent of grading on a curve.

Hey Occupy Wall Street! Will you buy my debt?

Nov 13, 2013
A group of Occupy activists says it's bought almost $15 million of people's personal debt on the cheap.

Despite sanctions, Iran's Ayatollah amasses wealth

Nov 13, 2013
An investigative report into the assets of Ayatollah Khamenei of Iran suggests shady dealings and land thefts.

The economic narrative of America's future

Nov 13, 2013
As he travels for The Atlantic and Marketplace's American Futures project, Jim Fallows says there's an economic narrative for the cities and towns forging a way into the future.

The economic shorthand of hawks and doves

Nov 13, 2013
As the president's pick to lead the Federal Reserve, Janet Yellen, is considered a "dove" in the sometimes arcane parlance of monetary policy. But what does that mean?

Stack ranking is the office equivalent of grading on a curve. Jack Welch, at GE, brought stack ranking to the fore. And Microsoft used to use it — but has now killed it; even as Marissa Mayer, Yahoo’s glamorous CEO, is ramping it up. Plus, new guidelines on the use of statins to lower cholesterol hold the promise to dramatically increase the number of Americans who take those drugs. Most of them are available as generics. Finally, a group of Occupy Wall Street activists has started to buy securitized personal debt on the cheap – and then forgive the debtors — not only to lift the burden from individuals, but to raise awareness about the debt collection industry and how to resist credit. 

Music from the episode

Baghdad Sun Apollo Brown
Ungirthed Purity Ring
Enough Dujeous
Girls Beastie Boys