Partial Bank Ownership Plan Gains Traction

Former Treasury Secs. James Baker and Lawrence Summers spoke out this morning on the need for the federal government to assume partial ownership of American banks. "This is bigger than the private sector can fix by itself. Government is going to have to restore financial stability to our markets and to our economy," Baker said in an exclusive "This Week" interview with George Stephanopoulos. "And frankly, I think they have... taken some pretty good steps already." Earlier in the week,... Full Story