What is President Obama's economic legacy?
We continue our weeklong series looking at President Obama’s legacy by focusing on the economy and the 2008 financial crisis.
The Obama administration responded with a $700 billion bailout for Wall Street. At the same time, over nine million families lost property as the result of the housing bubble. How did President Obama address the crisis and its effects? And what is he leaving for Donald Trump? Join the conversation live at 10 am, on the next Your Call, with Rose Aguilar and you.
Guests:
Mary Kreiner Ramirez, professor of Law at Washburn University School of Law, and co-author of The Case for the Corporate Death Penalty: Restoring Law and Order on Wall Street
David Dayen, contributing writer to Salon, and author of Chain of Title: How Three Ordinary Americans Uncovered Wall Street’s Great Foreclosure Fraud
Web Resources:
The NY Times: A Bank too big to fail
The NY Times: Revolving Door at S.E.C. Is Hurdle to Crisis Cleanup
The Intercept: Treasury Nominee Steve Mnuchin’s Bank Accused of “Widespread Misconduct” in Leaked Memo
The Atlantic: Obama Failed to Mitigate America's Foreclosure Crisis