Photo: #A trader puts his hand on his head on the floor of the New York Stock exchange Oct. 9, 2008. After a day in which the markets showed early promise in gains, the Dow fell 678 points, falling below 9000 at the end of the trading day.
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A trader puts his hand on his head on the floor of the New York Stock exchange Oct. 9, 2008. After a day in which the markets showed early promise in gains, the Dow fell 678 points, falling below 9000 at the end of the trading day. (Photo by Spencer Platt/Getty Images)

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Bailout

With collapsing financial institutions, an economic recession and unemployment on the rise, the Obama administration is overseeing a massive financial bailout.

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Bailout

More volatile markets

Broadcast: Midday, 10/10/2008, 12:00 p.m.

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Midday explores the crisis in the financial markets, which continue to plummet despite efforts to build confidence and thaw the credit freeze.

Guests

  • Louis Johnston: Economics professor, St. John's University and the College of St. Benedict
  • Ross Levin: Founding Principal of Accredited Investors Inc. and author of "The Wealth Management Index." He is a regular columnist for the Journal of Financial Planning and the Star Tribune.

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