Wednesday, August 22, 2007
In this show. . .
A swift reversal of fortune
Relative calm has settled in the stock markets. But there are still some unsettling noises coming from the housing and mortgage industries. Recently, tens of thousands of people in the lending business have lost their jobs. Bob Moon reports.
Market turmoil is good for S&Ls
The mortgage industry can't come up with cash. Mortgage companies are laying people off — or worse, going bankrupt. But investors are smiling on one slice of the mortgage market, the good, old-fashioned thrift. Jill Barshay reports.
Proof of age required for social sites?
States are trying to force sites like Myspace and Facebook to come up with ways to verify their members are a minimum age. Kai Ryssdal talks with Victoria Barret at Forbes magazine to find out what that might do to their bottom lines.
Bush backers begin surge of their own
President Bush's speech today to the VFW is the opening volley in a White House campaign to build support for keeping troops in Iraq. And, as Steve Henn reports, the president will have some well-financed allies backing him up.
Crossing over in a new direction
It used to be that Spanish-speaking singers would occasionally cross over into America's English-language charts. Now, English-speaking artists are looking to deliver their songs in Spanish. Ambar Espinoza reports.
No credit crunch with Dubai World
The government-owned holding company Dubai World is going to take a minority slice of MGM Mirage's hotel and gaming enterprise for $5 billion. Dubai World's been on a buying spree of late. Lisa Napoli reports.
China, U.S. need free-market police
There's been some talk that all the problems China is having with manufacturing can be traced to its get-rich economic system. But commentator Robert Reich says our brand of free market isn't squeaky clean either.
The rise and fall of Mondavi
Robert Mondavi gets a lot of the credit for bringing California to prominence in the global wine industry. But his business didn't always see healthy returns. Julia Flynn Siler has written a biography of Mondavi. She talks with Kai Ryssdal.
Kai Ryssdal's final note . . .
For those who thought all that free browsing of videos on YouTube was too good to last, go to the head of the class. As of today you can expect to see ads on some of those videos.
Forget about fast-forwarding through them. The ads won't start until about 15 seconds into whatever clip you're watching. And then they'll appear translucently over the video.
With 100 million visitors a day, YouTube was the next logical step for Google to try to get some revenue out of. The search engine bought YouTube last fall for more than $1.5 billion.
Marketplace datebook for Thursday, August 23, 2007
- In Washington, the American Medical Association launches a three-year campaign to get America's uninsured covered.
- The National Association of Counties reviews results of a new survey of methamphetamine abuse and its effects on communities.
- And it's UNESCO's International Day for the Remembrance of the Slave Trade and Its Abolition.
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Music From This Show
- Never Can Get Enough London Funk Allstars
- Problems Dub Horace Andy
- Los Chucas Suaves Ry Cooder
- Asa Branca Los Forres in the Dark
- Spill the Wine Eric Burdon and War
Web Surfer: Items mentioned on air
- Marketplace:
- Senate bailout bill: Draft of the document.
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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