Monday, September 14, 2009
In this show. . .
What Obama wants for financial reform
Nearly a year after Lehman Brothers came crashing down, President Obama urged Congress to move on stalled regulatory reforms of the nation's financial system. John Dimsdale reports.
Is there still time for sweeping reform?
University of Missouri Professor William Black talks with Kai Ryssdal about what kind of financial system reform we've seen so far, what changes the president is proposing, and what happens if no reform comes about.
Tires drive wedge between China, U.S.
China is accusing the U.S. of violating trade rules after the Obama administration announced it would hike tariffs on Chinese tire imports. Scott Tong reports.
Sarkozy: GDP is a limited measure
French President Nicolas Sarkozy is calling for countries to adopt new ways of measuring well-being because he considers gross domestic product to be obsolete. Alisa Roth reports.
New York launches business incubators
New York is trying to give its entrepreneurs a leg up. Mayor Michael Bloomberg just opened the Big Apple's first city-funded startup incubator. Ben Calhoun reports.
Prioritizing which loans to pay off first
There are strategies for lowering your debt faster, but most people don't know what they are. Behavioral economist Dan Ariely talks with Kai Ryssdal about the irrational ways people deal with debt.
Greyhound bus service comes to U.K.
The Greyhound bus service has arrived in Britain, and it may look a bit different from its American counterpart. Stephen Beard reports.
Kai Ryssdal's final note...
Today a federal judge in New York City threw out a deal between Bank of America and the Securities and Exchange Commission. We told you about it a couple of weeks ago.B of A conveniently agreed to a $33 million fine for failing to disclose key information behind $3.5 billion in bonuses to Merrill Lynch executives. The SEC got to say it had prosecuted those responsible.
Anyway, today the judge in the case said nuh-uh. He called the agreement between the SEC and the bank contrary to elementary notions of justice.
Marketplace datebook for Tuesday, September 15, 2009
- In Washington, the Commerce Department reports on retail sales for August.
- A Senate subcommittee on Human Rights and the Law examines mental illness in U.S. prisons and jails.
- And the House Energy and Commerce Committee holds a hearing titled, "Preparing for the 2009 Pandemic Flu."
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Music From This Show
Your Host
Kai Ryssdal took the reins as host of Marketplace in August 2005 after hosting the Marketplace Morning Report for more than four years. Before joining Marketplace, Kai was … Full bio
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In his weekly podcast, Scott Jagow makes sense of the week in business and the economy. Subscribe now.
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Hostile takeovers
Watch the videoWe all know what a takeover is. That's when one company agrees to be bought by another. But what happens when companies don't agree and the takeover goes hostile? Senior Editor Paddy Hirsch explains. Watch the video.
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One year after the fall of Lehman Brothers, Americans' have lost faith in the financial system and learned some hard lessons. Get more.
The Big Shift »
The recession has changed our financial lives. A look at wealth and prosperity in the middle class and how we live now. Get more.
The Borrowers »
How living beyond our means helped bring down the economy. The role of personal debt in the financial crisis, and where we go from here. Get more.
The Next American Dream »
How four pillars of the American Dream are changing. What's in your future?
Taking Stock »
Conversations with individuals who can give us the long view of our economic situation. Get their views.
- Getting Personal »
Q: Income-based student loans
You recently reported on a student loan option that was being offered as part of the government stimulus package, which is based on a person's income.... I was wondering if you could please let me know where to find this information. Thanks. Ethan, Minneapolis, MN Read Chris Farrell's answer »
