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KAI RYSSDAL: Been a heck of a week, hasn't it? The deal was on. Then it was off. The economy was collapsing, but not yet it seems. We're going to take a couple of minutes here and try to digest all that's happened.
Katie Benner's with Fortune magazine. David Leonhardt's at The New York Times...
RYSSDAL: David, do you get a sense of anger out there when you do your reporting?
LEONHARDT: I definitely do, and I was talking to a friend of mine who does more reporting out in the country, as opposed to in Washington and New York, and he said that he thinks there's a good chance that people in Washington and, to some extent, New York, are underestimating the level of the anger there. And I think, to some extent, that is a criticism of Bernanke and Paulson, because I think they've done a good job of explaining the stakes here to members of Congress; I don't think they've done a good job at all of explaining to the public what they're afraid of. And so, in the end, this really does feel like a Wall Street bailout to a lot of people. Which it is, to some extent, but it does not feel like something that the Fed and the Treasury feel that is necessary in order to stem a credit crisis that very much will affect Main Street.
RYSSDAL: Katie, what stands out to you about the way this whole thing has evolved, from a week ago yesterday when Bernanke and Paulson had that first meeting up on Capitol Hill?
BENNER: The crushing speed with which things have unfolded, and it sort of feels like that moment after Enron, where people were piling in to try to create legislation, or to create rules, to stem a problem because people were angry. This is that times a thousand, and we're not even sure what they're doing. Nobody really understands the plan.
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