Friday, April 04, 2008

Prudent rescue or Wall Street bailout?





Apr. 3 - The rescue of Wall Street giant Bear Stearns is now in the spotlight on Capitol Hill as lawmakers question deal. The collapse and forced sale of Wall Street giant Bear Stearns exposed the dangerous interconnection of financial markets and faulty oversight, raising more questions on Capitol Hill examine the deal.

Speakers:
Senate Banking Committee Chairman Christopher Dodd
SEC Chairman Christopher Cox
Treasury Undersecretary Robert Steele

Deborah Lutterbeck reports