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WASHINGTON (Reuters) - Treasury Secretary Henry Paulson said on Saturday that emerging market countries are not immune to the most serious global economic risks in recent memory and must be careful in their policy choices.
[Editor’s note: Late yesterday California State Controller John Chiang urged Treasury Secretary Henry Paulson to address the lack of transparency and oversight in the credit default swap market in order to restore investor confidence, and recommended a course of action. In a letter to Secretary Paulson, Chiang explained that California...
Ron Paul spoke on Fox Business Channel about Henry Paulson’s plan to have the government buy ownership stakes in US banks: Where’s the rest of the GOP on this one ? Where’s John McCain ? Similar Posts:Bush/Paulson/Bernake Take Another Step On The Road To Serfdom Congress Releases Details Of Bailout Deal Affirmative Action In Government Contracting John Stossel & Ron [...]
It's getting exciting now, 2 and 1/2. Think of everything we've accomplished, man. Out these windows, we will view the collapse of financial history. One step closer to economic equilibrium.
Felix Salmon submits: Why am I not reassured by Hank Paulson's latest press conference ? "We're going to do it as soon as we can do it and do it properly and do it effectively and right," Paulson said. "Trust me, we are not wasting time; people are working around the clock to deal with this." ... Complete Story »
Treasury Secretary Henry Paulson, acting with finance ministers from the Group of Seven industrialized nations, Friday said the government will buy direct stakes in banks to stem a global financial collapse, as it became clear that his original $700 billion...
Why am I not reassured by Hank Paulson's latest press conference ? "We're going to do it as soon as we can do it and do it properly and do it effectively and right," Paulson said. "Trust me, we are not wasting time; people are working around the clock to deal with this." ... Responding to a question, Paulson said markets may "have some volatility for a while" and "this is about confidence." I'm sorry,...
Treasury Secretary Henry Paulson said Friday that the Bush administration will move ahead with a plan to buy stock in financial institutions. Paulson said the program to purchase stock in financial institutions will be open to a broad array of institutions....
PHILADELPHIA (Reuters) - U.S. presidential candidate Barack Obama on Friday welcomed a plan by Treasury Secretary Henry Paulson to buy equity in financial institutions if necessary to halt market turmoil.
Treasury Secretary Henry Paulson says the U.S. government is considering taking equity stakes in financial companies as part of its overall plan to stabilize the markets.
Treasury Secretary Henry Paulson said Friday that the Bush administration will move ahead with a plan to buy stock in financial institutions. Paulson said the program to purchase stock in financial institutions will be open to a broad array of institutions.
WASHINGTON (Reuters) - The United States is developing plans to buy equity stakes in financial institutions, providing another weapon in its war against financial market turmoil, U.S. Treasury Secretary Henry Paulson said on Friday.
September 23rd, 2008 Imprudent financial policies have led to the crisis on Wall Street. For the moment in supporting unprecedented solutions, Treasury Secretary Henry Paulson says in effect he’s playing the hand dealt by his predecessors. And as for his role in essentially advocating nationalizing financial institutions, Federal Reserve Chairman Benjamin Bernanke is quoted as saying there are no ideologues