MARKETPLACE MIDDAY UPDATE FOR FRIDAY, SEPTEMBER 26, 2008
From American Public Media
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Market Update at 3:03 p.m. EDT
DOW -15.93 | NASDAQ -26.97 | S&P 500 -10.92
More numbers: http://www.elabs7.com/ct.html?rtr=on&s=fj6,bv5w,dv,hw8e,16wo,7xj6,582t
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** TODAY ON MARKETPLACE **
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As relations between India and the U.S. grow closer, the Indian American community is looking for some more political clout. Aswini Anburajan reports from Washington.
Hurricane Ike left a huge mess on the Gulf Coast of Texas but its effects are being felt far from Galveston. North Carolina is suffering a severe shortage of gas that�s closing businesses and leaving many stranded at home.
It seems like everyone has their own ideas for how to bail us out of the financial mess. Whichever plan Congress chooses, there�s only going to be one guarantee -- it won�t be perfect. Marketplace�s Senior Business correspondent Bob Moon reports.
*Listen on radio: http://www.elabs7.com/ct.html?rtr=on&s=fj6,bv5w,dv,4l16,5s18,7xj6,582t
*Or listen online: http://www.elabs7.com/ct.html?rtr=on&s=fj6,bv5w,dv,9eqx,ibwj,7xj6,582t
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** TOP STORIES AND COMMENTARY FROM MARKETPLACE MORNING REPORT **
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Congress remains divided on finance fix
The president told the American people today that the legislative process "is sometimes not very pretty." No kidding. Republicans and Democrats remain divided on the bailout plan. Jeremy Hobson fills us in.
*Listen - http://www.elabs7.com/ct.html?rtr=on&s=fj6,bv5w,dv,bitn,m1f7,7xj6,582t
What happens if there's no agreement?
Democratic Representative John Spratt tells host Stacey Vanek-Smith that the parties in Congress need to come to an agreement on a rescue measure, because, while unpleasant, it's a necessity.
*Listen - http://www.elabs7.com/ct.html?rtr=on&s=fj6,bv5w,dv,e21z,94gf,7xj6,582t
WaMu seized and sold to JP Morgan
Washington Mutual succumbed to the mortgage crisis and was taken over by the FDIC, then quickly sold to JP Morgan. It was the largest bank takeover in U.S. history. Stacey Vanek-Smith asks Tess Vigeland for what this means.
*Listen - http://www.elabs7.com/ct.html?rtr=on&s=fj6,bv5w,dv,6dhq,cp7u,7xj6,582t
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** MARKETPLACE WIRE **
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Stocks decline on on bailout clash; tech slides
http://www.elabs7.com/ct.html?rtr=on&s=fj6,bv5w,dv,kaop,liaa,7xj6,582t
Economy's spring rebound was bit less energetic
http://www.elabs7.com/ct.html?rtr=on&s=fj6,bv5w,dv,53d9,8pf2,7xj6,582t
Congress restarts troubled bailout talks
http://www.elabs7.com/ct.html?rtr=on&s=fj6,bv5w,dv,38et,ebgb,7xj6,582t
US Mint suspends sale of 24-karat gold coins
http://www.elabs7.com/ct.html?rtr=on&s=fj6,bv5w,dv,jtsz,8e5i,7xj6,582t
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** MARKETPLACE MONEY **
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Visit Marketplace Money . . . personal finance from Marketplace.
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Putting the week in perspective
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Straight Story: Making it personal
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Money markets break the buck
*Listen - http://www.elabs7.com/ct.html?rtr=on&s=fj6,bv5w,dv,4xrq,apjw,7xj6,582t
Now showing: Your home
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Day in the Work Life: Costume designer
*Listen - http://www.elabs7.com/ct.html?rtr=on&s=fj6,bv5w,dv,e0yg,9nv8,7xj6,582t
The brokers are in
*Listen - http://www.elabs7.com/ct.html?rtr=on&s=fj6,bv5w,dv,hdqi,d2hf,7xj6,582t
Understanding the woes on Wall Street
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** SPECIAL REPORTS **
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The Middle East @ Work
http://www.elabs7.com/ct.html?rtr=on&s=fj6,bv5w,dv,5ip,j795,7xj6,582t
Consumer Consequences game
http://www.elabs7.com/ct.html?rtr=on&s=fj6,bv5w,dv,6qc2,d5g9,7xj6,582t
Preserving the American Dream
http://www.elabs7.com/ct.html?rtr=on&s=fj6,bv5w,dv,f8gw,79tr,7xj6,582t
Conversations From the Corner Office
http://www.elabs7.com/ct.html?rtr=on&s=fj6,bv5w,dv,lmmx,idqt,7xj6,582t
Working: Lives in the global economy
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** AMERICAN PUBLIC MEDIA **
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