To the Point
The Financial Crisis, Foreign Policy and the Presidential Campaign
The Wall Street rescue is still up in the air, but the presidential debate will be held tonight at the University of Mississippi. We talk about the financial crisis, the political drama and the candidates' views on foreign policy.
The Wall Street rescue is still up in the air, but the presidential debate will be held tonight at the University of Mississippi. We talk about the financial crisis, the political drama and the candidates' views on foreign policy.
In this episode
3 storiesAnother Bank Implodes as Wall Street Waits on Washington
Last night saw the biggest bank failure in American history. Washington Mutual Savings and Loan was seized by the federal government and immediately sold to JP Morgan Chase for $1.9 billion. Daniel Gross is a senior editor at Newsweek magazine, where he writes the Contrary Indicator column. He also writes Moneybox for Slate.com.
Read the story6 minThe Financial Crisis and the Presidential Campaign
With Washington Mutual the latest Wall Street domino to fall, Democrats blame John McCain for urging House Republicans to hold up the taxpayer bailout. President Bush says it just has to happen , but it's unclear if McCain wants to kill the highly unpopular measure or broker a compromise.
Read the story33 minForeign Policy and Tonight's Debate
Both Barack Obama and John McCain have now indicated they will show up tonight to debate foreign policy at the University of Mississippi. What are the voters learning about the styles and approaches of McCain and Obama? What are their differences and similarities on dealing with Russia, North Korea, Iran and the wars in Iraq and Afghanistan?
Read the story9 min