economics economy markets region north america

Wall Street Bailout Bill 101

By John Hockenberry, Adaora Udoji

Monday, October 6 2008

A bailout of the U.S. financial system has passed Congress and was signed into law by President Bush on Friday. Now what? The Economist’s U.S. Economics Editor Greg Ip tells The Takeaway what the plan is designed to do and how it will function, and explains the best-case and worst-case scenarios.

Guest: Greg Ip, U.S. economics editor, The Economist
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