Fed's Latest Move to East Credit Crisis

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Yesterday, Federal Reserve chief Ben Bernanke called for a stimulus package from Congress. Today, the Fed announced that $500 billion will go the money-market mutual-fund industry, the latest effort to get credit flowing again. Peter Coy is economics editor for BusinessWeek magazine.

Credits

Guest:
Peter Coy - Bloomberg BusinessWeek

Host:
Warren Olney

Producers:
Karen Radziner, Katie Cooper