Paulson Defends Federal Financial Rescue Effort

By Barry Ritholtz - November 14th, 2008, 6:53AM

Treasury Secretary Henry Paulson defended the changes made to the $700 billion rescue plan aimed at helping consumers. He told the NewsHour he never expected it to lead to a quick recovery of bank lending.

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Source:
JIM LEHRER INTERVIEW WITH HENRY PAULSON, SECRETARY OF THE TREASURY
U.S. TREASURY DEPARTMENT
THURSDAY, NOVEMBER 13, 2008

http://www.pbs.org/newshour/bb/business/july-dec08/paulson_11-13.html

Interview Transcript

PERMALINK
Category: Bailouts, Markets, Video.

Comments

Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data, ability to repeat discredited memes, and lack of respect for scientific knowledge. Also, be sure to create straw men and argue against things I have neither said nor even implied. Any irrelevancies you can mention will also be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.

One Response to “Paulson Defends Federal Financial Rescue Effort”

mitchn Says:
November 14th, 2008 at 9:59 pm
That this man is de fact POTUS at this critical point in time is a disgrace. Shame on George Bush, shame on Congress, shame on the Republican Party, shame on all Americans who voted for Bush (double shame on the numbnuts who voted for him twice).

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