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PBS Newshour explains the 2008 credit bubble

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Cheaprealty presents:

Paul Solman uses a domino metaphor, taking the viewer step by step through how problems in the housing market spread into the wider economy.

Bush-Bernanke Housing Bailout - 1 of 2

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Cheaprealty presents:

Preventing problems in sub-prime mortgages -

"It's not the government's job to bail out speculators..."

- what is a refinancing program for "good credit" buyers?

Doesn't this act as a giant safety blanket for risky loans made by questionable companies?

Hmmm....

PBS NewsHour 2007/08/31

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