How Would the Candidates Fix This Financial Mess?

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The Fed rescued insurance giant AIG yesterday, but the stock markets took a dive anyway. Today, central banks in America, Europe and Asia promised $180 billion in hopes of calming financial jitters. We find out how the markets reacted. With the financial system on the ropes, Congress still plans to adjourn within the next two weeks without taking action. It turns out that major funders of both John McCain and Barack Obama are firms involved in the current financial crisis. Does McCain's political history undercut his call for more regulation? What about Obama's ties to Wall Street, including the former head of Fannie Mae?

Note: The McCain campaign declined our invitation to participate in today's program. 

Credits

Guests:
Dean Barnett - Staff Writer, Weekly Standard, Dan Gerstein - former Communications Director, Senator Joe Lieberman, Bryan Deese - Deputy Economic Policy Director, Barack Obama, David Weidner - MarketWatch and the Wall Street Journal, Massie Ritsch - Communications Director, Center for Responsive Politics

Host:
Warren Olney