Hot on the trail of the bailout funds

Wednesday, January 14, 2009

Remember way back when Congress handed out $350 billion to bailout the financial services industry? Well people are starting to wonder where that money went. New York Times reporter, Eric Lipton, has been following the billions of dollars that was given out to banks and lending institutions across the nation and finds that a lot of banks are just holding on to their funds. He joins us now, hot on the trail of all that money.

Read Eric Lipton's article, In Michigan, Bank Lends Little of Its Bailout Funds, in today's New York Times

Guests:

Eric Lipton

Contributors:

Katherine Lanpher

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