Gretchen Morgenson, financial reporter and business columnist for The New York Times, talks about continuing fallout from the subprime lending crisis and how it's affecting consumers.
Pulitzer Prize-winning business columnist Gretchen Morgenson talks about the subprime mortgage crisis and its effects on the markets and on the economy. Morgenson, an assistant business and financial editor for The New York Times, has covered the financial markets for The Times since 1998.