Sub-Prime Loans and the Economy

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The subprime mortgage crisis may force 2 million people out of their homes and a small army of Wall Street executives out of their jobs. Will there be a recession?  Would government intervention make things better or worse? Also, the US turns another province over to Iraqi control, and Christina Fernandez de Kirchner succeed her husband as President of Argentina. What that could mean for other women in politics?

Joint Economic Committee Chairman Charles Schumer (D-NY) talks about the joint economic committee report during a news conference on Capitol Hill, October 25, 2007 in Washington DC. Photo: Mark Wilson/Getty Images