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Marketplace for Wednesday, October 24, 2007
Oct 24, 2007

Marketplace for Wednesday, October 24, 2007

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Segments From this episode

Farm policy just doesn't add up

Oct 24, 2007
North Dakota has one U.S. senator for every 318,000 residents. California has one for every 18 million people. Commentator Jonathan Chait says that disparity is just one reason why farm policy doesn't really change.

Merrill Lynch's subprime losses pile up

Oct 24, 2007
Merrill Lynch wrote down almost $8 billion dollars in loans and other credit-related investments today -- its first quarterly loss in almost six years and almost $3 billion more than it predicted a couple of weeks ago. Amy Scott reports.

Wildfire's phoenix: Jobs, construction

Oct 24, 2007
The latest official estimate on losses to the Southern California wildfires stands at $1 billion. And that's just in property damage. Still, the odd result in the long run may be an economic shot-in-the-arm. Bob Moon reports.

Cost of war estimated at over $2 trillion

Oct 24, 2007
The Congressional Budget Office estimates the tab for the wars in Iraq and Afghanistan could run as high as $2.4 trillion. And an analyst says that might be conservative. Steve Henn reports.

Web 2.0 has Internet money flowing again

Oct 24, 2007
Microsoft has announced it's going to buy 1.5% of the social networking site Facebook for $240 million -- beating out Google for the prize. Kai Ryssdal did some networking with venture capitalist Todd Dagres, asking him to size up the deal.

Zimbabwe's shelves are bare

Oct 24, 2007
It's almost impossible to find staples like bread or rice in Zimbabwe. With inflation officially at 6,000%, supermarkets have stopped stocking shelves. And that's forcing people to travel hundreds of miles and across the border to buy groceries. Gretchen Wilson reports.

Farm bill feeds legislative battle

Oct 24, 2007
The five-year renewal of the farm bill is before a Senate committee, loaded with almost $300 billion in subsidies and programs. And once again it's stirring debate over the government's role in putting food on the table. John Dimsdale reports.

If Sox win, the furniture's free!

Oct 24, 2007
Last spring, a Boston furniture company offered to refund the purchase price of whatever people bought -- if the Red Sox won the World Series. Game 1 is tonight.

Music from the episode

Naked As We Came Iron & Wine
Stoner Jam Blood On The Wall
IMpossible Figurine