To the Point
Greece: A Country that's Too Big to Fail
Greece is on the brink of financial ruin, and proposed austerity measures have sparked strikes and street demonstrations. How did Wall Street banks help create the crisis? Will hedge funds reap profits by making things worse? Also, this weekend's magnitude-8.8 earthquake in Chile. On Reporter's Notebook, will Democrats pass healthcare reform at the cost of losing seats in Congress?
By Warren Olney • • 50m ListenGreece is on the brink of financial ruin, and proposed austerity measures have sparked strikes and street demonstrations. How did Wall Street banks help create the crisis? Will hedge funds reap profits by making things worse? Also, the aftermath of this weekend's magnitude-8.8 earthquake in Chile, and Democrats are promising healthcare reform without any Republican votes, even at the cost of losing seats in Congress.
Banner image: EU economic and monetary affairs commissioner Olli Rehn (R) and Greek Finance minister George Papaconstantinou head to a press conference after their meeting in Athens on March 1, 2010. Photo: Louisa Gouliamaki/AFP/Getty Images
