WAMU 88.5FM American University Radio

Monday September 8, 2008

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Week of September 7, 2008

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10:00Fannie Mae, Freddie Mac, and the State of the U.S. Economy

News of a government takeover of ailing mortgage giants Fannie Mae and Freddie Mac reveal just how dire the Administration sees the ongoing housing and credit crises. Diane and her guests discuss the move by the Treasury Department and what it may mean for the health of the nation's economy

Guests

Rea Hederman, Senior Policy Analyst, The Heritage Foundation

Greg Ip, U.S economics editor, The Economist

Jared Bernstein, a senior fellow and director of the Living Standards Program at the Economic Policy Institute and author of "Crunch: Why Do I Feel So Squeezed? (And Other Unsolved Economic Mysteries)"

11:00Tom Gjelten: "Bacardi and the Long Fight for Cuba" (Viking)

Bacardi rum was once synonymous with Cuba. But after Castro's rise to power, the Bacardi family went into exile and moved its operations off of the island. Today, they own one of the world's largest family-owned spirit companies in the world. Tom Gjelten traces the rise of the Bacardi family and offers insights into what role it may play in a post-Fidel Cuba.

Guests

Tom Gjelten, correspondent, NPR

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