Financial Firms Eye Chance To Cash In On Bailout

by Chris Arnold, NPR

While Congress is hashing out details of the government's $700 billion bailout of financial institutions, Wall Street is eyeing an opportunity. The government will have to hire help to deal with the bad loans. So, some of the same firms that packaged up and signed off on those bad mortgage loans in the first place want to get hired to help with the cleanup.

Broadcast Dates

• Morning Edition, September 23, 2008