Secretary of Treasury Henry M. Paulson Jr. Holds a Question-and- Answer Session After Delivering Remarks at the U.S. Chamber of Commerce
Political Transcript Wire › August 22, 2009
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Secretary of Treasury Henry M. Paulson Jr. Holds a Question-and- Answer Session After Delivering Remarks at the U.S. Chamber of Commerce
SECRETARY PAULSON HOLDS A QUESTION-AND-ANSWER SESSION AFTER DELIVERING REMARKS TO THE U.S. CHAMBER OF COMMERCE
JANUARY 22, 2008SPEAKER: SECRETARY OF TREASURY HENRY M. PAULSON JR.[*] QUESTION: Let me start this way: It seems that much of the current problems in the housing market were fueled, in part at least, by securitization of housing assets, by unregulated aspects of the market. At the same time, some of the rating agencies seem to have misread the risk of the mortgage packages that they were rating at the same time.You have announced that the Treasury Department will issue a new blueprint for financial institution regulations later this year. Can you give us a sense of what that structure might be?PAULSON: OK, we...See the full content of this document
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