Material supplied by VTNA may be used for educational analysis or research only. Any editing, reproduction, publication, rebroadcast, public showing or public display may be prohibited by copyright laws.
(Studio: Anderson Cooper) The spread of foreclosure at a record rate noted.
(Washington: Tom Foreman) The reaction to the housing bailout featured; quotes from blog sites cited; scenes shown from CNBC of a reporter's rant; details given about the problems of determining the actions of a homeowner who failed. [Homeowner Bruce TIMBERLINE- blames the Democrats.] [White House press secretary Robert GIBBS- asks the ranter to read the plan; states some who made bad decisions will get helped.] [President OBAMA - says this plan will not rescue the irresponsible.] [FDIC chairwoman Sheila BAIR- says we are in this together.]
(Studio: Anderson Cooper) Live discussion held with "Money" magazine Donna Rosato and HLN money expert Clark Howard in response to four viewers' questions about the housing bailout. [HOWARD - says one part of the bailout allows people who are paying mortgages to refinance their mortgages; outlines the provisions people will go bonkers about.] [ROSATO - explains who the Obama plan is aimed at: people who have not gone into foreclosure yet.] [HOWARD - says unemployment benefits and food stamps are there to be used; offers advice on dealing with credit card companies.] [ROSATO - outlines what banks may do in trying to get ahead of the new regulations.]
- Cooper, Anderson;
- Foreman, Tom
Note to sponsor members: The Vanderbilt Television News Archive video player requires a modern operating system and browser to work properly. If you are experiencing playback problems, check the minimum requirements and adjust your setup accordingly. After adjustments, if you continue to experience problems, please contact us.
Welcome! Above is the abstract of the item that you're interested in viewing from the Vanderbilt Television News Archive's collection. You have three options if you'd like to view this item:
- You may request a loan of this video by registering on our website and placing an order.
- You may visit the Television News Archive on the Vanderbilt campus to view on-site from the Archive's collection.
- If you are associated with a college or university, you may ask your library if they would like to become a sponsor, which would give students and faculty at your institution the ability to view items from our collection.
If you believe that you are associated with a sponsoring college or university and have received this message in error, please let us know.