We discuss the federal government’s proposed $700 billion bailout to deal with the present financial crisis. What will the likely results be? Who is apt to benefit, and who will get hurt?
Economic Bailout
We discuss the federal government's proposed $700 billion bailout to deal with the present financial crisis. What will the likely results be? Who is apt to benefit, and who will get hurt?
Guests:
Brad DeLong, professor of economics at UC Berkeley
Sung Won Sohn, professor of economics and finance at California State University and vice chairman of multi-national retailer Forever 21
David Keating, executive director of the Club for Growth