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Panel Concerned Bailout Won't Fix Root Problem

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Panel Concerned Bailout Won't Fix Root Problem

Economy

Panel Concerned Bailout Won't Fix Root Problem

Panel Concerned Bailout Won't Fix Root Problem

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  • <iframe src="https://www.npr.org/player/embed/98321019/98321009" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">
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The financial turmoil in this country began with the housing crisis. Elizabeth Warren heads the Congressional Oversight Panel — the group charged with monitoring the government's $700 billion bailout package. Warren tells Renee Montagne that the panel is looking into whether any of that money is helping ease the mortgage crisis.

Correction Dec. 17, 2008

Some versions of this interview included an introduction that incorrectly said Las Vegas has the highest number of foreclosures in the country. It actually has the highest foreclosure rate.

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