After the rage, what changes?
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Obama administration officials hint that the President is not in favor of legislation passed by the House that would heavily tax executive bonuses at companies like AIG. President Obama is trying to balance the public outrage against companies taking taxpayer money, while trying to lure private investors to take toxic assets.
Guests
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Daniel Gross: Senior editor and columnist at Newsweek. He writes the "Moneybox" column for Slate. His latest book is called "Dumb Money: How Our Greatest Financial Minds Bankrupted the Nation."
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Kate Jennings: Former Wall Street speechwriter and author, "Moral Hazard," a novel about Wall Street culture.
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Michele Boldrin: Chair, department of economics at Washington University in St. Louis.
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