Nov 12, 2008

Henry Paulson on TARP changes

Since announcing the injection of capital into big banks we have been examining a wide range of ideas that can further strengthen the financial system and get lending going again to support the broader economy. And to adequately reform our system, we must make sure we fully understand the nature of the problem which will not be possible until we are confident it is behind us.

~"Paulson Shifts Focus of Rescue to Consumer Lending", Bloomberg, November 12, 2008

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