News roundup with James Fallows, then Actor/Director John Turturro on Passione

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A trader on the floor of the New York Stock Exchange on Thursday. (AP Photo/Jin Lee)

John Turturro directing his new documentary Passione

Hour 1

The stock market dropped 512 points yesterday, the worst day since the beginning of the recession in 2008.  Concern about European debt crisis and the anticipated July jobs report fueled investors fears of a double dip recession.  But today’s jobs report showed stronger then expected numbers, bringing the unemployment rate down to 9.1 percent.  And there was other good news yesterday.  Congress came to a compromise over a reauthorization of funding for the Federal Aviation Administration, ending a partial FAA shutdown that put 74,000 transportation and construction workers temporarily out of work and cost the U.S. government at least $300 million in lost revenues.  This hour, we’ll talk about the economy, jobs, the FAA shutdown, and the conflicts in Congress with JAMES FALLOWS, national correspondent for The Atlantic.  Then, Marty talks with actor and director JOHN TURTURRO about his new documentary Passione, a celebration of the music of Naples.

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[audio: 080511_100630.mp3]

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