THE NEWSHOUR WITH JIM LEHRER | Paul Solman's Moral Hazard Pt. 1 | PBS

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Uploaded by on Sep 26, 2008

http://www.pbs.org/newshour/bb/business/july-dec08/bailouthazard_07-18.html
As the nation's housing woes continue, Paul Solman weighs the role of government intervention and the possible ramifications of rewarding risky financial behavior. Ask Paul questions on the NewsHour's Business Desk at: http://www.pbs.org/newshour/businessdesk/ Part 2 of this report is at http://www.youtube.com/watch?v=af2ggaIiGw0

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  • It seems there is not anyone involved in the bailout debacle who does not personally stand to gain, or is not being advised by someone who personally stands to gain, from whatever action Congress takes. That used to be called Conflict of Interest, and it meant something.

  • These terms and usages are NOT in the vocabulary of the candidates.

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