Tuesday, 18 November 2008

I’m Glad You Think So Paulson! Mr Poulson, ALL You People Are Out of Your Depth!

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Photo of Henry Paulson courtesy of the BBC

BBC: US Treasury Secretary Henry Paulson has clashed with members of Congress over the $700bn US financial bail-out plan.

Mr Paulson told a Congressional committee that injecting cash into banks was the most effective way to stabilise the financial system.

However critics on the committee said that more of the money should be used to help struggling homeowners avoid losing their homes. Clash over $700bn Bank Bail-out >>> | November 18, 2008

Watch BBC video: Henry Paulson's testimony on the bail-out >>>

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