Twin Cities, MN, 11.02.08
Hear: A Bailout Progress Report
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.
Download the podcast; or subscribe. Intro music today: Oasis's "Live Forever." Get the opening clip in full. Follow our Twitter feed. Join our Facebook group.