Episode 76: Author, Columnist, and Professor Steven Pearlstein on the United States Economy
Extreme Mortman · C-SPAN
October 19, 201831m 5s
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Show Notes
On this episode of C-SPAN's The Weekly Podcast: It was one of the most significant financial meltdowns since the Great Depression. In September 2008 President George W. Bush and Congress had to make decisions to shore up the country's banks and financial markets. One of the factors that led to the collapse was the failure of the investment bank Lehman Brothers and the shattering of the subprime mortgage bubble. After spending over 700 billion dollars under the program known as TARP, is the United States fully recovered? C-SPAN talks with Author, Professor, and Washington Post Columnist Steven Pearlstein. The author of "Can American Capitalism Survive" he sits down to discuss the chances of a financial meltdown of this magnitude happening again, why it happened before, and what can be done for the future.
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