Local economist explains new bank rescue plan
Treasury Secretary Timothy Geithner announced a plan this morning to have the government team up with private investors to buy up to a half-trillion dollars of bad bank assets to ease credit for consumers and businesses. The initial reaction from Wall Street is positive. What will this mean for consumers and businesses?11:00 a.m.Edward Lotterman: Economist and professor at Augsburg College in Minneapolis. Former regional economist at the Federal Reserve Bank of Minneapolis.
Obama administration faces large foreign policy challenges
Former Undersecretary of State Nicholas Burns and Boston University International Relations professor Andrew Bacevich discuss key foreign policy challenges facing the United States. The coversation is moderated by Martha Raddatz, chief foreign correspondent for ABC News.12:00 p.m.