How The Housing Crisis Spread, And What Happens Now
From high mortgage rates to shortages that have spread coast to coast, New York Times reporter Emily Badger explains the roots -- and consequences of our country's broken housing system.
Embattled SEC chairman Harvey Pitt resigned Tuesday night after coming under intense criticism for his handling of the appointment of ex-CIA chief William Webster to head an accounting oversight board. Diane talks with a panel about Pitt’s tenure at the SEC and steps the administration may take to restore investor confidence.
Guests
- Peter Wallison Arthur F. Burns fellow in financial policy studies at the American Enterprise Institute; served as general counsel of the U.S. Treasury department in the Reagan Administration
- Joel Seligman Dean of Washington University Law School
- Gene Sperling Former senior fellow at the Center for American Progress, former national economic advisor during the Clinton administration, and author of "The Pro-Growth Progressive"
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