CHICAGO
10/27/2008 05:12 am ET Updated May 25, 2011

Chicago Economists Lead Bailout Opposition

Some Chicago economists are leading an opposition movement to get lawmakers to consider other options.

Two economists lead the opposition movement, one from the University of Chicago, the other from Northwestern University. And Thursday their concerns were brought into the White House meeting.

Senator Richard Shelby went to the White House armed with a letter. The letter is signed by 200 economists, including three Nobel Prize winners, and warns Congress not to back the bailout.

Read more on ABC 7