Where's All the Bailout Money Going?

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When Congress approved the $700 billion bank bailout, it demanded transparency. Now the Federal Reserve is lending $2 trillion more. Who's getting the money? "Americans have no idea where their money is going or what securities the banks are pledging in return." That's according to the Bloomberg News Service, where Matt Winkler is editor in chief.

Credits

Guest:
Matt Winkler - Editor in Chief, Bloomberg News Service

Host:
Warren Olney

Producers:
Katie Cooper, Karen Radziner, Christian Bordal