Appeared on September 4, 2007
Joseph Mason, a finance teacher at Drexel University in Philadelphia who also has worked for the U.S. Treasury and subprime lender Ameriquest, said the market should work itself out.It's unfortunate when families are hurt, Mason said, but bailing out people who he says made bad decisions sends the wrong message to people who paid their bills. That and other bailout measures also could dry up the funds for the people who need help by interfering in the marketplace, he said.