The trouble with bailing out homeowners

The World
A homeowner bailout now looks more likely than ever. Both presidential candidates, John McCain and Barack Obama, are floating plans to help homeowners stuck with bad mortgages and the threat of foreclosures. But is that the best solution to the problem? New York Times Columnist and Economix blogger David Leonhardt talks about the pitfalls of a homeowner bailout.
Sign up for our daily newsletter

Sign up for The Top of the World, delivered to your inbox every weekday morning.