No argument there.
She may have advocated a government "bail out." My contention is that she was giving valuable background information on the whole problem -- information on Lehman Brothers for example that if the public knows will lead to investigations of wrong doings. Make that must lead to investigations.
She was knowledgeable and articulate; gee, I hope she wasn't black, that'd be a "racist" remark. :) Maybe if she had called Lehman Brothers a boiler room operation everything would have been fine. Though what Lehman Brothers was accused of doing is far beyond a boiler room.
Up to now firms could eat their bad paper to make sure of their money funds. Mostly small firms and small amounts were involved.
"[Reserve Primary Fund, a great choice for large brokerage firms to park emergency cash or any other money you might need soon] was forced to price all of its Lehman paper as worthless; as a result, the net asset value of the fund’s shares fell to 97 cents." It broke the "buck."
"Bad paper" at Lehman, Fannie Mae and Freddie Mac is felt throughout the world -- please pay us $700 billion, thanks. . . .
The woman caller at the beginning of the show was right about the shenanigans and the investigations -- according to just broadcast news item.