We recognized quite early on that if there was some concern or lack of confidence in their access to capital, this could create a serious problem. But we certainly couldn't go to Congress and ask for these powers that would make it a self-fulfilling prophecy - - or we wouldn't have gotten the powers.
~ Henry Paulson, Treasury Secretary, "Paulson Risks Goldman Standard as Fannie, Freddie Shares Erode," Bloomberg, August 21, 2008, by Rebecca Christie and Matthew Benjamin
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment