Paulson Defends Federal Financial Rescue Effort

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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

One Response to “Paulson Defends Federal Financial Rescue Effort”

  1. mitchn Says:

    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).