Friday, March 20, 2009
In this show. . .

Are money market funds safe?
The money market industry is proposing changes that would lower yields, improve safety and place restrictions on certain funds. But should you choose a money market account over a savings account? Reporter Tamara Keith asks the experts.

Old financial rules no longer apply
Tess Vigeland talks to New York Times columnist Ron Lieber about how some of the old rules about investing and managing money don't make sense during the current financial climate.

Straight Story
The IRS recently announced that victims of the Madoff scandal can claim up to 95 percent of their losses on their taxes. Tess Vigeland and Chris Farrell discuss what implications this decision has on the tax code and on victims of future Ponzi schemes.

Foreclosure scams on the rise
People facing foreclosure are becoming vulnerable to scammers promising to help modify loans. Reporter Rachel Dornhelm reports on one such scam in Oakland, Calif. and asks experts what consumers can do to stay safe.

Don't get hooked by phishing scams
Foreclosure scammers aren't the only ones preying on the vulnerable. Online scammers, or phishers, are also prowling the Web for unsuspecting victims. Tess Vigeland talks to Jorgan Wouters of Consumer Reports about how to avoid being scammed.

Getting Personal
Tess Vigeland and Chris Farrell answer listeners' pressing questions about stock values, buying vs. renting and what we mean when we talk about income.

Day in the Work Life: Jazz pianist
On this week's "A Day In the Work Life" we listen to jazz pianist Christopher Dawson.

Bargaining during the recession
Just because you're shopping in a corporate retail store doesn't mean you can't bargain down a price. Reporter Ashley Milne-Tyte proves that bargaining may be easier than you think.

Rethinking retirement
Investors are adjusting the way they manage their money, but those hoping to retire soon don't have time to build back wealth. Tess Vigeland talks to financial planner Stuart Ritter about what soon-to-be retirees can do to weather the storm.
Money Question of the Week
How do you teach your kids about money?
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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
- B for My Name Beastie Boys
- Beer Bet Will Segar & Lucky Strike
- Gimme Shelter The Rolling Stones
- Ew Koushik
- War Is Hell DJ Shadow
- Blue Rondo a la Turk Dave Brubeck
- Always There Ronnie Laws
- The Proper Ornaments Super Fuzzy Animals
- Dark End of the Street Ry Cooder
- Podcast »
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: A HELOC?
I recently paid off my mortgage ($55,000) and consulted with my local bank about how to best invest discretionary funds now that mortgage is paid. Bank's financial advisor, no fee, advised me to take out a HELOC, home equity line of credit for the maximum... I am 67... Pamela, Providence, RI Read Chris Farrell's answer »


