The second part of the discussion on the U.S. subprime mortgage meltdown by 60 Minutes Correspondent Steve Kroft.

For more on this see:
60 Minutes: House Of Cards - Part I
[CBS 60 Minutes] House Of Cards: The Mortgage Mess
House Of Cards: The Mortgage Mess
60 Minutes: House of Cards

60 Minutes Correspondent Steve Kroft reports on the U.S. subprime mortgage meltdown and how it affects capital markets worldwide.

For more on this see:
[CBS 60 Minutes] House Of Cards: The Mortgage Mess
House Of Cards: The Mortgage Mess
60 Minutes: House of Cards

Are the proposals for a government rescue plan a fix for the economy or will they drive us further into a recession. Sarah Wartell, with the Center for American Progress, and Mike Flynn, director of government affairs with Reason Foundation, debate on whether the mortgage bailout makes sense or not. Is the government actually getting it right this time? Or is this debate irrelevant because it is an election year and the government will have to do something anyway?

Why bail out homeowners facing foreclosure?
The big risk in the foreclosure fix
How to handle the mortgage crisis