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Marketplace Report for Tuesday, October 21, 2008
Oct 21, 2008

Marketplace Report for Tuesday, October 21, 2008

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Marketplace Report for Tuesday, October 21, 2008

Segments From this episode

Fallout: The Financial Crisis

Fed jumps in for money-market funds

by Bob Moon
Oct 21, 2008
Jittery investors pulled half a trillion dollars out of money-market funds in the past few months, tightening up another source of credit. So, it's Fed to the rescue again. Senior Business Correspondent Bob Moon reports.
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Fallout: The Financial Crisis

Should rescue money fund takeovers?

by Jeremy Hobson
Oct 21, 2008
Is the Fed encouraging a shakeout in the regional bank sector? Word is the government might allow mid-sized banks to buy weaker rivals with bailout money, instead of issuing loans. Jeremy Hobson checks it out.
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Fallout: The Financial Crisis

Q3 earnings reflect economic slowdown

by Ashley Milne-Tyte
Oct 21, 2008
Industrial giant Caterpillar is one of a number of companies with lower-than-expected third-quarter earnings. Higher raw-material costs and the global economic slowdown are blamed. Ashley Milne-Tyte reports on earnings reports to come.
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Fallout: The Financial Crisis

A cautionary tale from the 1790s

by Marketplace Staff
Oct 21, 2008
A speculator named William Duer borrowed like crazy in the 1790s to build a fortune. When he went bust, lenders said he was too big to fail. Sound familiar? Author David Liss recounts the story that led to the founding of the NYSE.
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Fallout: The Financial Crisis

Lehman settles credit default mess

by Marketplace Staff
Oct 21, 2008
When Lehman Brothers filed for bankruptcy, sellers of its credit default swaps found themselves on the hook for billions of dollars. New York Bureau Chief Amy Scott reports on the settlement and how much is expected to change hands.
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Fallout: The Financial Crisis

Letters: Poverty, food fraud and oil

by Marketplace Staff
Oct 21, 2008
From the Marketplace mailbox, Kai Ryssdal pulls out some of the letters sent in by listeners. In the selection: comments on calculating the poverty line, food fraud, the financial crisis and the dropping price of oil.
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Fallout: The Financial Crisis

Hearings on corporate shenanigans

by Marketplace Staff
Oct 21, 2008
Kai Ryssdal catches up with Congressman Henry Waxman to discuss regulation. Waxman chairs the House Committee on Oversight and Government Reform, which has been holding hearings on corporate misbehavior.
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'Greening' up homes for sale

by Sarah Gardner
Oct 21, 2008
Everything seems to be going "green" these days, and now real estate brokers are joining the trend. Sustainability reporter Sarah Gardner takes an inside look at the growing group of "EcoBrokers."
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Marketplace Report for Tuesday, October 21, 2008

Music from the episode

O.E. in the A.M. The Low Budgets
Carry the Zero Built To Spill
Intrdctn. Dabrye
Absinthe Party At The Fly Honey Warehouse Minus the Bear

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