Hear: A Bailout Progress Report

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Twin Cities, MN, 11.02.08 Elizabeth Deviney hide caption

itoggle caption Elizabeth Deviney



Today on Planet Money:

The Treasury Department gave its first report to Congress on the bailout this week. We find out where the money is going and what's next. Plus: A look at what happens when big corporations make friends with one political party and another party comes into power.

— Treasury spokesperson Jennifer Zuccarelli gives us a status update on the bailout.

— Finance professor Michael Weisbach tells us how the political affiliations of a company's bard of directors affect its stock prices.

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