Friday, October 10, 2008
In this show. . .
Bush: Government is working on crisis
President Bush addressed press from the Rose Garden of the White House, listing steps the government has taken to resolve the financial crisis. The statement was intended to calm down the markets. Jeremy Hobson reports.
Markets take a real dive
Despite governments around the globe pulling out all the stops, markets worldwide are crashing this morning. Stacey Vanek-Smith talks to economist Andrew Hilton about what this means for investors and the economy.
Government not straight about crisis
Governments worldwide are making strides to stop the financial crisis from escalating any further. But money manager Bill Fleckenstein told Bill Radke why he doesn't have much confidence the moves will help.
Taking the limits off deposit insurance
The government is weighing a plan to insure all of the nation's bank deposits. Previously, depositors were insured for up to $100,000, but lawmakers may remove the limits altogether. Jeremy Hobson reports.
Bellman is avoiding crisis baggage
A stock-savvy hotel bellman in St. Louis tells Marketplace's Amy Scott how he's weathering the financial storm. It's another report in our "Road to Ruin?" series.
A hopeful generation down the road
Marketplace Money host Tess Vigeland is wrapping up her "Road to Ruin?" trip in St. Louis. She says a high school economics class has given her hope the next generation may learn from the current crisis.
Poorer nations hurt from food prices
The IMF says rising food and energy prices are taking a heavy toll on some developing nations. Nancy Marshall Genzer reports financial ministers will have struggling countries on the agenda this weekend.
Most popular stories online
Fallout: America's Financial Crisis
- Podcast
The Weekly Wrap Podcast
On the "Road to Ruin?": Seeing how Americans are faring under the financial crisis in St. Louis, Cincinnati, and in Jefferson City, Mo.; Remembering the Great Depression. Subscribe now.
- Getting Personal
Q: Buy gold for IRA?
I have been thinking of buying gold certificates with some of the money I have in my IRA, would this be a wise move? Theresa, Manchester Read Chris Farrell's answer »
- Crisis explainer videos
Untangling credit default swaps
When the analysts and experts talk about the current financial crisis, they often refer to "credit default swaps." So, what exactly is a credit default swap? Marketplace Senior Editor Paddy Hirsch goes to the whiteboard for this explanation. Watch the video.
Uncorking CDOs
Marketplace Senior Editor Paddy Hirsch gives a bubbly explanation of the intricacies of "collateralized debt obligations" — those financial instruments that got us into this financial mess. Watch the video.
- Help us cover the story
How is the financial crisis affecting you?
America's financial crisis isn't going away anytime soon. We're looking for your help in covering the story. Share your thoughts, concerns and experiences by joining our Public Insight Network.
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Music From This Show
Your Host
By age 14, Scott Jagow had no doubt what he would do with his life. He would be a lumberjack. I mean, an astronaut. A seismologist. No, make that a journalist … Full bio
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