A conversation with Los Angeles Mayor Villaraigosa about his review of city operations, borrowing and management of pension funds in the midst of the crisis on Wall Street. Also, California's US Senators blister Metrolink management for not installing safety equipment.
America's Financial Crisis at the Doorstep of City Hall
From this Episode:
How the Federal Bailout Will Affect Los Angeles
The Los Angeles City Council today asked Congress not to approve the Bush Administration's Wall Street bailout.
18 min, 53 sec