October 13, 2008 Newsnight: Monitoring the meltdown Play video

(NECN: Jim Braude) - It was a good day for the public debut of Neel Kashkari, the man in charge of the 700-billion dollar Wall Street bail out. The stock market rebounded 11 percent, regaining nearly half of last week's losses.

It is also a good day to be questioning how we got into this mess in the first place. Peter Cohan, President of Peter S. Cohan & Associates joins Jim Braude on this segment of Newsnight.