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The Sound of Ideas

Bailout Dead… For Now. Country Braces For Fallout

Posted Tuesday, September 30, 2008

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The House bucked the president and the economists, dismissing warnings of dire consequences if the financial bailout bill weren't passed today. A majority voted NO on the proposed $700 billion bill. Exactly how will the nation fix this mess? What should Americans be doing? Will credit freeze up as predicted? With the DOW rapidly dwindling, retirement accounts shrinking, and bills coming due, it's clear something needs to be done, but what, and by whom? On The Sound of Ideas®, we'll hook up with finance experts and lawmakers and try to get a sense of where we go from here.


Economy, Facing the Mortgage Crisis, Making Change, Regional Economy/Business - Analysis and Trends, Regional Economy/Business - News, Government/Politics


Kevin Jacques, Boynton D. Murch Chair in Finance and Associate Professor, Baldwin Wallace College
William Mahnic, lecturer in business, banking and finance at the Weatherhead School of Management, CWRU
Peter McKay, Wall Street Journal
U.S Representative Betty Sutton (D-13)
U.S Representative Stephen LaTourette (R-14)

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Every weekday at 9:00 AM (EST), The Sound of Ideas reports the news, explains the news, and sometimes makes news. The Cleveland Press Club awarded it “Best Radio Show” in Ohio and thousands daily find it to be an indispensable source of information about what’s most important to Northeast Ohioans.

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