Wednesday, July 04, 2007
In this show. . .
U.K. tightens rules on skilled immigrants
After bomb scares in London and Glasgow, Britain has announced it will increase security checks on highly skilled immigrant workers. Dan Grech reports on how this move will affect a British economy that's dependent on foreigners.
KKR to air its private equity in public
Private equity firm KKR is seeking to raise $1.25 billion in an initial public offering. Why go public now? Jeremy Hobson reports.
A new way to get a loan
People create financial independence under various definitions. Amy Scott takes a look at a new way to borrow and lend that doesn't slap on usurious interest charges.
You, too, could be a global microlender
Looking for a new way to invest? How about lending to a business on the other side of the world? New York Times columnist Nicholas Kristof did, and traveled to meet his beneficiaries. He talks to Tess Vigeland.
Investing newfound fortune at home
Here's a sure way to gain financial independence: Win the lottery! One lucky lotto player took his winnings to the bank and to his hometown of Battagram, Pakistan. Miranda Kennedy reports.
Kids, you should know ... we're loaded
A survey of rich moms and dads found that they tend to avoid discussing their wealth with their children -- possibly to the kids' detriment. Sean Cole reports on this problem many of us wish we had.
Tess Vigeland's final note . . .
With all of the recent talk about high profile IPO's, here's one that may grant investors the keys to the kingdom — in a manner of speaking.
Today Saudi billionaire Prince Al-Waleed bin Talal unveiled plans to hold a public offering for his Kingdom Holding company on the Saudi stock exchange. Many Saudis may ignore the IPO because of worries that the company doesn't comply with Islamic monetary traditions. But other buyers could be attracted to its 17 percent investments in a different kingdom — Euro Disney.
Marketplace datebook for Thursday, July 5, 2007
- The National Education Association wraps up its annual meeting in Philadelphia.
- Lots of naked people will run through the streets of Pamplona to protest the upcoming Running of the Bulls. It's called the Running of the Nudes.
- And actress Edie Falco of Sopranos fame celebrates her birthday. She'll be 44.
Most popular stories online
sponsor
Music From This Show
Marketplace Confessional
"Will makes a great argument. The hostile reception, as indicated by the comments, should be unsurprising. If people actually understood how much immigration has historically benefited us then we wouldn't have the type of protectionist immigration laws we have. If the borders were opened one might see a drop in wages, but considering there would be a correlative drop in prices, it's doubtful there would be an overall harm and most likely considerable benefit..."
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
sponsor
