Housing and Urban Development Secretary Shaun Donovan talks with host Michel Martin about the settlement reached yesterday between federal and state officials and major banks. It was an effort to address unfair banking practices that led to the mortgage crisis. President Obama praised the deal, but critics say the settlement is inadequate.
The nation's big banks are writing death plans — living wills that spell out how, in a future crisis, they could be safely dismantled. The idea is that the death plans will help avoid another government bailout of the banks.
"You're technically writing your own funeral, down to the color of the flowers" says Dolores Atallo.
Originally published on Fri February 10, 2012 11:21 am
Hospitals and organizations operated by religious institutions will not have to pay for or provide free contraception coverage to their employees, but the insurance companies that offer coverage to those workers will have to do that, White House officials just told reporters during a conference call.
They're explaining changes to a controversial plan the administration unveiled in recent days. The goal of the change appears to be to provide the coverage, but at the same time to not force religious groups to violate their principles.