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Street vendor Son Luom hangs a $100 bill beach towel from her stand just outside the Federal Reserve in Washington, D.C.
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Here's the next installment of our podcast, in which Adam Davidson tackles questions from you, the listening public. Mike Pesca sat in — don't miss the part where he asks Adam how a person voting on the economy could choose between John McCain and Barack Obama.
If we didn't catch your question in this round, check back with us. A few came in after we'd recorded this edition. One question, though, I'll edit and then turn over to the crowd. It's from Polly. Maybe you can help:
Regarding investing in CDs at Washington Mutual: While the principal amount should be safe if WaMu fails, it's my understanding that the FDIC often decreases CD interest rates since failing banks often offer above market rates as they desperately try raise capital.
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