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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.


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    Warren Olney

    former KCRW broadcaster

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    Katie Cooper

    Producer, 'One year Later'

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    Frances Anderton

    architecture critic and author

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    Christian Bordal

    Managing Producer, Greater LA

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