The Obama administration continues to try and lure the private sector into buying up toxic assets, but is the PPIP program working? Newsweek’sDaniel Gross examines the details. And, gambling is being contested in New Jersey – and it’s unclear what the smart money thinks will happen. Plus, how effective ...
Daniel Gross, senior editor at Newsweek, Slate columnist and the author of Dumb Money: How Our Greatest Financial Minds Bankrupted the Nation (Free Press, 2009), talks about AIG, public-private toxic asset purchases, the rebounding Dow, and the elusive pursuit of public confidence.
Live coverage of Treasury Secretary Henry Paulson's remarks on the financial bailout plan with analysis by Daniel Gross, senior editor of Newsweek and Slatecolumnist. What do you think: How is Paulson managing the distribution of the $700 billion package? Comment below!
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