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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Fraud contributed to economic crisis
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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