Friday, October 16, 2009
In this show. . .
B of A problems could be a lot worse
Although much attention has been given to the CEO of Bank of America having his salary and bonus revoked, the real news is the bank's billions of dollars in losses. Yet, while the situation looks bleak, it could be a lot worse. Alisa Roth reports.
Is government letting dollar weaken?
Obama administration officials are talking about the importance of a strong greenback. But people in the currency markets say it's pretty obvious the White House is saying one thing while doing another. Bob Moon reports.
Why 'smart guys' headed to Wall Street
At one point, those who worked at Wall Street weren't considered top-tier class. But according to author Calvin Trillin's latest column in the New York Times, the high cash lured in smarter people. Kai Ryssdal talks to Trillin about what that means.
Lessons from 'The Tao of Wu'
Hip-hop artist The RZA of Wu-Tang Clan talks with Kai Ryssdal about balancing hip-hop and the message of money, and his thoughts on the economy. It's part of our series, "Taking Stock." We also offer an excerpt from his book, "The Tao of Wu."
House could make Fed open books
When the Fed bought trillions of dollars worth of assets and debt from struggling banks, it never divulged where the money went. Next week, the House Financial Services Committee will vote on whether to change that. John Dimsdale reports.
Weekly Wrap: Numbers besides 10,000
There were some meaningful numbers in the news this week beyond the Dow's 10,000 mark. Kai Ryssdal looks into Wall Street profits and losses with Felix Salmon from Reuters and business writer Heidi Moore.
Kai Ryssdal's final note
Which comes with the observation that an ounce of gold traded at a $70,000 today. Should you be interested in really diversifying your portfolio, the British department store Harrods has just the thing for you: Gold by the bar, the kind you see in old bank heist movies: 27.5 pounds a piece. For just shy of half a million dollars. That story brought to you by the Marketplace Desk of Marketing Ideas with more money than sense.Marketplace datebook for Monday, October 19, 2009
- The American Academy of Pediatrics continues its national conference in Washington. Sessions address everything from organic foods to online social networking.
- The National Association of Home Builders releases its monthly report on builder confidence in the single-family housing market.
- And "South Park" co-creator Trey Parker celebrates a birthday. He'll be 40.
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College Confessions
If you made money mistakes during your college career, you're not alone. Hear Marketplace staffers confess to how they handled their finances.
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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Listen to 'After the Bell'
In his weekly podcast, Scott Jagow makes sense of the week in business and the economy. Subscribe now.
- The Whiteboard »
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.
- Special Reports and Series
Built on Belief »
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 »
