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PODCAST: ACA reins in executive pay

A look at market psychology, reining in Executives' pay, and the disappearance of lesbian bars.

Is America’s economic recovery getting long-in-the-tooth? Does it have presbyopia and hair its ears? The S&P 500 remains above 2000 at this moment, in part because big companies have the profits to buy back their own shares, in part because investment overseas is a relatively risky bet.  We take a look at the market psychology. Plus, a new report says a little known provision in the Affordable Care Act — Obamacare, some call it — could help rein in pay for executives at health insurance companies. Critics charge this is wrong-headed and could push up health care costs. And now a report on the business of lesbian bars. They’re a place to grab a drink or a meet a friend but they’re more than that. Some lesbian bars are a kind of community center; venues for public events or political organizations. But some of these businesses are disappearing — We take a look at why that is, and what it could mean.

 

 

 

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