Just a Brooklyn Girl has an excellent breakdown of the bailout plan and why we need it. Her experience in the industry gives her a far superior understanding of the plan and the current financial crisis than I would ever have. It’s also concise and right to the point, so please take a look at “Bailout Plan: Sure It Sucks. Here’s Why We Need It Anyway.”
[UPDATED 10/01/08] An informative article, “Wall Street Leads to Your Street” was published today by the Center for American Progress, a think tank led by John Podesta, who served as President Clinton’s Chief of Staff during the latter years of the administration. It’s a long read, but well worth the time.
