Oct 21, 2007

Paulson: The economy is "very, very healthy"

There has been a very significant correction. I think we’re at or near a bottom there. I don’t deny there’s a problem with subprime mortgages but… it’s quite containable… [The economy is] very, very healthy.

~ Henry Paulson, U.S. Treasury Secretary and former Goldman Sachs CEO, as appeared on CNBC, July 18, 2007

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