Bailing Out the Bailouts

It seems everyone is either getting bailed out or wanting to get bailed out - the mortgage industry and those who can’t pay their mortgages, the credit card companies and those overwhelmed by credit card debt, Wall Street, banks and the auto industry. Some see bailouts as a necessary evil to keep the economy from tanking, while others suggest the country can’t afford its government bailing out any more companies when its economy is already in such bad shape. We’ll look at who’s being bailed out, who may be next and what the effects may be.

Guests

• Jim Chappelow, economist at the Institute for Trend Research in Concord
• John Vogel, adjunct professor of business administration at the Tuck School of Business at Dartmouth