The Big Bailout: on 60 Minutes
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Description:
Bankruptcies, mergers, failures and foreclosures. Wall Street is up, Wall Street is down. Now, a $700,000,000,000 bailout plan aimed to prevent even further damage to the American economy.
Highlights:
How did this happen and why didn't our financial regulators see it coming? Scott Pelley gets some answers from U.S. Treasury Secretary Henry Paulson, the Speaker of the House Nancy Pelosi, and other financial experts.
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