Cash injection for US banks?

(02:15) Report

Oct. 9 - In an effort to jumpstart lending, the U.S. Treasury is considering giving money to U.S. banks in exchange for shares.

Critics complain that giving the US government an ownership stake in the country's bank is a potentially dangerous strategy. Manoush Zomorodi reports from New York.

SOUNDBITES:

  • Henry Paulson, US Treasury Secretary
  • Dan Mitchell, CATO Institute

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