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How Far Will America's Subprime Virus Infect Europe?

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Germany is very concerned. America's subprime virus is spreading from Wall Street to Blackrock to the Continent. Join the New America Foundation for a trans-Atlantic heart-to-heart with Steffen Kampeter of the Christian Democratic Union (CDU), the ruling-party spokesman for budget issues and the majority leader of the Bundestag's budget committee. Steffen Kampeter has been a member of the Bundestag since 1990. Currently, he serves as the CDU Spokesman on the Budget Committee and Chairman of the Debt Management Committee in the Bundestag.

Author: NewAmericaFoundation
Length: 09:29
Views: 1641
Tags: Bailout  Crisis  Economy  Europe  Germany  Mortgage  Subprime  World  

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