Bailout, Countrywide and Accountability; Election Focus Group; Political Attack Ads; The Titanic Disaster Revisited
Bailout, Countrywide and Accountability
The bailout bill passed Friday, but the Nikkei index, London Stock Exchange, and the Dow continue to slide. Meanwhile, Bank of America, the owner of Countrywide, has agreed to a loan-abuse settlement that may help 125,000 California homeowners rework their mortgages and possibly keep their houses. Good news for some...but the overall economic picture is still bad for many, many others. Meanwhile the first Congressional hearing into what caused the nation's financial markets to collapse started today. Larry gets the latest from Ben Diehl, California's Deputy Attorney General, Orson Aguilar, incoming Executive Director of the Greenlining Institute, Larry Harris, Fred V. Keenan Chair of Finance and Professor of Finance and Business Economics at USC Marshall School of Business, and Tom Hamburger, Staff Writer, Los Angeles Times.
Election Focus Group
Larry talks with a group of KPCC listeners about their thoughts on the upcoming Presidential debate and election. Guests include Licia Ramos, Steve Wallis, Chris Shining, and Rebecca Rees.
Political Attack Ads
Things are getting nasty on the campaign trail, with the candidates taking more swipes at each other as both prepare for Tuesday's Presidential debate. New ads are dredging up infamous events from 20, 30, even 40 years ago. Is this really what voters want to hear so close to the election? Larry dissects what's being said and how voters are responding with Tom Hollihan, Professor of Communications, USC's Annenberg School of Communications and Brooks Jackson, Director of Annenberg Political Fact Check.
The Titanic Disaster Revisited
With movies and lore surrounding the sinking of the Titanic in 1912 one question remained unanswered: why did the great ship go down so fast? In his new book "Titanic's Last Secrets," author Brad Matsen follows divers John Chatterton and Richie Kohler as they attempt to uncover the final ghosts of the ship's disastrous maiden voyage.