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Trouble on Wall Street: Who's to Blame and What to Do
from KUOW's Weekday March 24, 2008
Wall Street's troubles are in the news after the Federal Reserve salvaged Bear Stearns, one of the world's biggest investment banks. Will taxpayers end up paying for the risks bankers took? Would things be worse if the Fed hadn't acted? Today, an economy reporter explains what it all means. We'll also speak with a hedge fund manager, an economic pessimist about who he blames; and an optimist gives us his outlook for our local economy. What will Congress and federal officials propose to prevent future banking crises?Tomorrow on Weekday: Greendays Gardening Panel: Salad Gardening and Eating Your Weeds
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