Despite the bailout there is still panic on Wall Street

Economist Peter Morici is a professor at the University of Maryland School of Business and former Chief Economist at the U.S. International Trade Commission. He joins us to explain the effects of the global stock sell off and why the federal bailout failed to excite the marketplace. Guest: Peter Morici, professor at the University of Maryland School of Business and former chief economist at the U.S. International Trade Commission.