#28 Planet Money: The Next Big Bailout




Planet Money show

Summary: The Wall Street Journal says the Treasury Deparment is now aiming to extend help to life insurers as part of the TARP program. It's a complicated endeavor, one that runs the gamut from your premiums to mortgage-backed securities. Rolfe Winkler of Option Armageddon walks us through. Plus: An IT recruiter reports wage cuts of 30 percent and more.