FAP Extra: Student loans, AIG, credit default swaps interview on Talk Radio News
I had the opportunity to discuss student loans and student lending, AIG, Lehman Brothers, Merrill Lynch, and explain the credit crisis on Talk Radio News, going into detail about credit default swaps, subprime, Alt-A, and leverage. Thanks to Dan Patterson, TRN and ABC correspondent, for the interview.
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Despite questions about the legality of the retroactive 90 percent levy, Democrats and some Republicans said the tax on bonuses for traders, executives and bankers earning more than $250,000 was the quickest way to show angry Americans that Congress intended to recoup the extra dollars.
Why are delays in releasing Financial Aid Checks being held back in Maricopa Arizona? Is there any information on what the status is?
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