• The Day The Global Economy Stood Still

  • Aug 16 2017
  • Length: 45 mins
  • Podcast

The Day The Global Economy Stood Still

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  • Summary

  • In the fall of 2008, President George W. Bush warned top political leaders that without a massive infusion of cash into the market, "this sucker" -- that is, the economy -- "could go down." Days later, the House of Representatives balked at Bush. The first failed vote for the Troubled Asset Relief Program cost the Dow 777 points. It was, perhaps, the most dramatic legislative failure of the 21st Century. And this week’s guests were in the middle of it all.

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