Can Barack Obama Follow the Money?

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Lawmakers in both parties are outraged that the Bush Administration lost track of $350 billion, the first half of last year's massive financial bailout. Today, at Barack Obama's request, President Bush agreed to ask for the second half, so Obama will have it as soon as he takes office next week. We hear how banks refused to account for their use of taxpayer money, while there was no effort to prevent mortgage foreclosures. What's Obama saying to assure Congress he can do better?

Credits

Guests:
David Cho - Staff Writer, Washington Post, Elizabeth Warren - Democratic candidate for US Senate - @elizabethforMA, Barry Ritholtz - Fusion IQ - @ritholtz, Steven Davidoff - Professor, Connecticut School of Law

Host:
Warren Olney

Producers:
Sonya Geis, Christian Bordal