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Entries in downturn (3)

Wednesday
Feb112009

Fraud contributed to economic crisis

By Kayleigh Harvey - Talk Radio News Service

This was an answer given by Neil Barofsky, Special Inspector General for the Trouble Assets Relief Program, at a Senate Judiciary Hearing, when asked by Committee Chairman Partrick Leahy (D-Vt), whether or not he thought fraud contributed to the economic crisis.
February 11, 2009.


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Thursday
Feb142008

Treasury Secretary Paulson Addresses Senate Banking Committee on the Way Forward Through Economic Turmoil

Treasury Secretary Henry M. Paulson, Jr. states that in this necessary contraction of the housing market and the associated economic crisis, firms must accept their losses and move on to building up capital. (1:00)
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Wednesday
Jan162008

William Beach Refutes Claims of Recession at Joint Committee Hearing

William Beach, Director of the Heritage Foundation's Center for Data Analysis,  stated that recent economic indicators demonstrate slow growth rather than recession in his testimony before the Joint Economic Committee (JEC). (0:44)
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