Summary
WASHINGTON - Treasury Secretary Henry Paulson said today he expects improvement in the condition of the economy over time but that there will be "a bump in the road" along the way.
Paulson said the government's decision to buy into the nation's banking system with a $250 billion investment in nine large banks at the outset should stabilize the financial system and loosen the tight credit market.See the full content of this document
Extract
Paulson Defends Intervention
The secretary acknowledged in an interview...
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