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Dean Baker: No Blank Check for Wall Street

By Bob Geary
INDY Week | September 25, 2008
Done properly, Baker says, the $700 billion "bailout" of Wall Street and the big banks shouldn’t cost the taxpayers a dime. "My view," the progressive economist told the Indy following a speech in Raleigh, "is that [the bailout] is necessary, but if it's structured right, we're not giving the banks anything. We're keeping the banks functioning, and that's in the public interest."
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Tags: Congress, Wall Street, economic issues, bailouts, Dean Baker
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