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Isaac Doubts Bailout Plan Will `Work' in Current Form: Audio

Sept. 25 (Bloomberg) -- William Isaac, former chairman of the Federal Deposit Insurance Corp., talks with Bloomberg's Tom Keene from Sarasota, Florida, about the U.S. financial crisis, fair-value accounting rules and the government's proposed $700 bailout of financial institutions. (Source: Bloomberg)


00:00 1980s financial crisis as "far worse" 
02:26 Fair-value accounting rules; 1980s turmoil
09:55 "I don't think" $700 billion plan will pass  
10:23 FDIC funds, premiums; rescue plan amendments
15:13 Government role in crisis; crisis solutions  
22:51 Timing of rescue plan; outlook for bailout   

Running time 25:58

Last Updated: September 25, 2008 21:43 EDT

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