Sep 17, 2008

Marketplace for Wednesday, Sept. 17, 2008

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Segments From this episode

How'd we get in this mess? A look back

Sep 17, 2008
Kai Ryssdal takes us back to the point at which the financial markets' problems began -- five years ago when the Fed made it cheap to borrow money and Wall Street took advantage, devising complicated investment schemes that hid their…

Few signals given before sudden turns

Sep 17, 2008
In the year-and-a-half since Fed Chairman Ben Bernanke said the credit crisis would be contained, the markets have kept a mostly cautious stance. But a couple of weeks ago things changed -- and not for the better. Bob Moon reconstructs…

Where does bailout money come from?

Sep 17, 2008
The government's been throwing cash around willy-nilly to bail out Bear Stearns, AIG and Fannie and Freddie. Where's all that money coming from? And how often can Bernanke and Paulson keep going back to that well? John Dimsdale reports.

More government won't solve this crisis

Sep 17, 2008
Commentator David Frum sees the point some are making about the credit crisis -- that what's needed to fix things is the strong hand of government. But he strongly disagrees.

Slowdown raises product-safety worry

Sep 17, 2008
In China, three babies have died and more than 6,000 have suffered kidney damage from tainted infant formula. With Chinese factories feeling the pressure of the global economic slowdown, it could be a sign of things to come. Scott Tong…

NFL doesn't like how profits line up

Sep 17, 2008
National Football League Commissioner Roger Goodell is warning that the league won't be bringing in as much money as originally predicted. Terry Lefton at the Sports Business Journal got his hands on the commissioner's memo. He talks with Kai Ryssdal.

Hello, Bhutan? It's capitalism calling

Sep 17, 2008
The tiny Asian kingdom of Bhutan has had cell phones for just a few years, and a choice of providers for only a few months. Now its people are experiencing what happens when a company competes for their business. Lisa…

Music from the episode

Party Envelopes
La luna en tu mirada Ry Cooder, Manuel Galbán
He Lays In The Reins Calexico, Iron & Wine
He War Cat Power

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