Local Reaction to Bailout Plan

Negotiations are continuing between Bush officials and House Democrats over a proposal to bail out financial firms.

Citing a need for market stability, the Bush administration is asking Congress for $700 billion to buy assets from troubled banks and mortgage lenders. Both sides agreed late Monday that the bailout would include mortgage assistance for struggling homeowners.

WBUR's Meghna Chakrabarti gauges reaction to the government's rescue plan among people in the local mortgage industry.

This program aired on September 23, 2008. The audio for this program is not available.

Meghna Chakrabarti Host, On Point
Meghna Chakrabarti is the host of On Point.



More from WBUR

Listen Live