Should U.S. Nationalize Banking System?
Nationalizing the banking system is a prospect pretty much every politician avoids talking about. But after the first $350 billion of the Troubled Asset Relief Program was distributed, American taxpayers became the biggest shareholders in Citigroup (7.8 percent) and Bank of America (6 percent). A new year finds the banks still in trouble, even after a second round of TARP funding. Now, NPR’s Adam Davidson and a couple of expert economists took on the big question: Should the U.S. nationalize the banking system? You can read an archive of the chat, below. And you can join the discussion in the comments section.
