Mark Weisbrot on the Financial Crisis

program: 
Evening News
program date: 
Tue, 11/25/2008

A new 'national bank' plan by the Federal Reserve will allow the government to lend out up to 800 billion more dollars to banks and businesses.
This is just the latest attempt to bail out the failing financial system in the US.
KBOO's Jenka Soderberg spoke with Mark Weisbrot of the Center for Economic and Policy Research about the economic crisis, and Obama's planned response.
 

 

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