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    Back to To the Point

    To the Point

    'Nationalizing' America's Banks: Rumors and Realities

    The Obama Administration says the banking system will remain private. But at the same time, it's taking steps that could lead to government ownership. Would that be "nationalization" under another name? What's in store for the taxpayers? Also, the President prepares to address Congress, and methane gas released by melting ice in the Arctic creates a feedback loop for global warming.

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    By Warren Olney • Feb 24, 2009 • 1h 0m Listen

    The Obama Administration says the banking system will remain private. But at the same time, it's taking steps that could lead to government ownership. Would that be "nationalization" under another name? What's in store for the taxpayers? Also, the President prepares to address Congress, and methane gas released by melting ice in the polar regions could accelerate climate change. We hear the latest warning.


    Banner image: Mario Tama/Getty Images

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      Warren Olney

      former KCRW broadcaster

    • KCRW placeholder

      Katie Cooper

      Producer, 'One year Later'

    • https://images.ctfassets.net/2658fe8gbo8o/AvYox6VuEgcxpd20Xo9d3/769bca4fbf97bf022190f4813812c1e2/new-default.jpg?h=250

      Frances Anderton

      architecture critic and author

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      Christian Bordal

      Managing Producer, Greater LA

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