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NPR

Billionaire Foster Friess Discusses Campaign Finance

Robert Siegel talks to billionaire Foster Friess. He's a major backer of the Red, White and Blue Fund — the super PAC that's supporting Republican presidential candidate, Rick Santorum.
NPR

'Buy Here, Pay Here' Businesses Move Into Leasing

Robert Siegel speaks with Ken Bensinger, business reporter for the Los Angeles Times, for an update about a growing type of lucrative used-car dealerships known as "buy here, pay here" businesses. He explains how these lots now have gone into the leasing business in a big way.
NPR

Q&A: Why Such A Low Tax Rate For Romney?

GOP candidate Mitt Romney says his effective tax rate is 15 percent. Why so low? The answer lies in a theory that if you tax investment too high, economic growth and job creation are discouraged. But it's somewhat controversial, not least because most of the people who get to pay that lower rate are well-off.
NPR

'Vulture Capitalism'? How Private Equity Firms Work

GOP candidates have attacked Mitt Romney as a "vulture capitalist" who destroyed jobs. The charges center on his 15 years at the private equity firm Bain Capital. But what are private equity firms, and what do they do?
NPR

Jobless Claims Drop, Inflation At 3 Percent, Housing Starts Cool

First-time claims for unemployment insurance plunged by 50,000 last week from the week before, to 352,000. They're now near a four-year low.
NPR

So, Um, What Is A Private Equity Firm?

GOP presidential candidates have clashed over Bain Capital, the firm Mitt Romney formerly headed. In the "private equity" investing world, only wealthy individuals and large institutions, such as pension funds, are welcome. That's Bain's world.
NPR

Kodak Calls Bankruptcy Filing 'Necessary Step'

Besieged by the digital age it helped spark, the once-dominant photo giant hopes to restructure and raise cash by selling some of its more than 1,000 patents.

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