" This is Money Markets & More for Tuesday may 26 2009. From the newsroom of the MarketWatch radio network I'm Adrian Mitchell. Coming up uncle Sam is looking for high school hacker it's."

" And I'm John were not coming up in a moment are you no longer heading to the mall is the -- love really off limits TO doesn't even come up being -- thinking when you go shopping these days it dozens of malls that are on endangered list they may actually go out of business and close consumer race and -- tonight we'll talk about that in a moment."

" But first this reminder now."

" QB that you marketwatch.com. -- giving you instant access to the advice you. He can manage your portfolio and make smart decisions about your money then you marketwatch.com. It's fast accurate comprehensive -- you marketwatch.com today -- Head of now."

" In business history on May 25 1878. And two and three and -- very revealed some blue. And a -- feet -- WP. I tell Bob's favorite opera Gilbert and Sullivan's HMS pinafore opened at the opera company in London. Also on May 25 in 1961 president Kennedy set out a major goal to be reached by the end of the decade I've."

" To achieving that goal. Before this decade is out of landing a man on the moon and returning him safely to -- here."

" And in 1977. The original Star Wars movie was released. On May 26 an 1869. Boston University was chartered by the Commonwealth of Massachusetts. And an 1896. Charles Dow published the first edition of that Dow Jones Industrial Average. It's -- Money Markets & More at marketwatch.com."

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" If you think you can hack into a secure website the Pentagon may have a job for you. Forbes reports a program to be announced next month we'll test high school and college student skills and attacking and defending digital targets stealing data. And figuring out how other people's attacks were carried out. The report says three new national competitions will be created with the aim of developing a new generation of cyber security researchers. Investors will be turning their attention to housing this week we get a look ahead from MarketWatch radio reporter Larry -- at the New York Stock Exchange. "

" Well Adrienne is evidence mounts that the recession may be nearing a bottom the question is whether housing is ready for a rebound we've seen mixed signals so far. They don't last week was an encouraging is April housing starts slumped to the lowest level on record. A pair sales reports due this week may -- no more optimistic picture economists surveyed by MarketWatch project of one point 7% rise in April home resales. New home sales are seen rising two and a half percent but housing economist Thomas Lawler says not all builders will participate."

" I think what you're gonna find although again you don't get that actual data this way. Is that home builders who have already made that shift toward building smaller more affordable homes. -- to compete with the existing. Inventories have actually seen them actually -- out. Homebuilders that has continued to concentrate on the larger trade up market continued to page he just CR horrendously week's sale."

" We'll also see a pair of home price updates this week from the government and S&P. Other items on the agenda include two reports on May consumer confidence is real -- on April durable goods orders sent a revised look at first quarter gross domestic product. --"

" Thanks Larry. They're the skeletons of their retail downturn and you may have won in your neighborhood. John word docket and Kate's are here to tell us about the ghosts of malls past."

" Are you heading to the mall. Are you gonna go see Tiffany. You better do so quickly because who knows maybe one day soon met mall may not be there anymore. The recession is taking a toll on malls all across America and joining us is our own mall rat. And -- our consumer base so and please give us the bad news and tell us where -- Tiffany going to be playing now."

" Oh dear -- that's a question to ponder it think about that but we do have a serious situation with a lot of malls. Especially ones in areas of high unemployment or perhaps ones were the people are moving away from that particular neighborhood because there are going to be about 100 malls by the end of the year on sort of an endangered list -- and their foot traffic. And sales are down there vacancy rates are way up. And analysts say these malls are in danger of literally haven't plug pulled on them any malls in particular that. Deserves some mention here the one most famous mall on the list is the Puente hills mall in the city of Industry, California. Better known as twin pines mall from back to the future the scene where they're chasing. And they converted Delorean that that mall parking lot that is one of the laws on this endangered list."

" This is how you look at a time machine. Have a story yeah."

" A lot of anchor stores are going away for -- Sears is closing about two dozen of its stores so that's going to affect the malls. Where those stores are up because he if you don't have your anchor stores than the other tenants will go --"

" Yeah I mean the anchors have -- are fading away are deciding to go somewhere else. You can pretty much turn the lights off it's over."

" An enclosed malls themselves are sort of a dying breed did you there's only been one enclosed mall build in the US since 2006. Because a lot of retailers are preferring the big box concept they -- to be more like a Wal-Mart or target or. Costco something that stands alone as opposed to an enclosed area at the food court and all these little retailers around it."

" Am I going to tell you had when I do go to the mall I try to get in and get out quickly because I hate going there I feel like -- some. Gussy it up asylum because you know they put a few plants there and you know I'm I -- a nice small holes I got a nice ball in my neighborhood but boy. I get creeped out sometimes and there doesn't seem to be enough security. You have kids in on doing this in the and in the next thing. And before you know -- you have an unpleasant experience."

" But conversely for people who maybe don't live in a big city or sever their people live out of more isolated area small town sometimes the mall. Is is everything to that town and it contributes about tax base of provides jobs. Talking about -- of it's basically the only safe place for teenagers to go may be in their area so at a loss of law and there is like that especially can be very devastating."

" And I'm sure we are going to hear this story more and more and more if the economy continues. To it to linger in this. This cloud of doom down it's a lot of Moscow line how often do you get to the mall."

" I'm the same way as do -- I know what I want to get I know which store I park right by an -- run and run out non."

" Back home you know I do frequent then ask for mentioned retailer."

" Seers couldn't he has tools."

" But tools lawn and garden equipment appliances. And heat and these photos time thanks mister robot he's in South -- oath that anyone away nevermind yes. But in a Sears has been very competitive and look they're getting their cost down and you know other controlling their inventory. May have some good good deals on clothes I don't mean to sound like a pitch man but. You'd take this year's out of my local mall and you take the DQ and of that mall. Because that's the other destination for me and there is no reason for meeting go to the -- you're definitely a DQ man I'm not GQ DQ if I could be -- GQ that news story you know that brown I'm I'm which I'm a GQ at the DQ okay gotcha gotcha yes. You know and by the way the next time -- I'll take a medium that nose cone dipped in chocolate -- okay okay Connecticut health -- call -- an -- Q -- equipment this story for another I -- that -- you and I you know. And don't need to share with -- out there and -- our consumer race thank you very much and folks are you no longer going to the -- let us know -- MarketWatch radio newsroom at Yahoo.com. Our malls. Fading into history here are you going elsewhere to do your shopping. And and folks can follow us where that MarketWatch radio network on FaceBook. And W radio on Twitter and you can email us at -- MarketWatch radio newsroom at Yahoo.com. Area and if you're nice and you want a picture of fans just let us we got pictures of everyone I've paid dollars for these. Publicity photo. Just kidding folks about the photos there's a reason why we're -- And thanks as always -- yet."

" We tilting here at MarketWatch that GMAC is changing its name to ally to imply that it wants to work with its customers but another bank has an even more direct name. Tightwad bank. It actually has a Branson tightwad Missouri. The other ones and -- Kansas the bank is launching nationwide online banking by midsummer. Advertising age reports -- bank's chairman says the name is proving to be self fulfilling. As it reflects an attitude that's appropriate to these times. And that's it for Money Markets & More and is Johnny and said we would love to hear from you follow us on Twitter. And W radio on FaceBook look for MarketWatch radio network. Or just send us an email MarketWatch radio newsroom at Yahoo.com. I'm Adrian Mitchell thanks for listening till next time."