TITLE

Economic rescue has gotten messy

PUB. DATE
November 2008
SOURCE
Journal of Business (10756124);11/20/2008, Vol. 23 Issue 24, pA8
SOURCE TYPE
Trade Publication
DOC. TYPE
Editorial
ABSTRACT
The author reflects on the ways to improve credit markets in the U.S. He mentions the effort of Treasury Secretary Henry Paulson to ask the Congress to approve the Emergency Economic Stabilization Act. He argues that the government must remain nimble in dealing with the circumstances arising from the nation's economic crisis. He agrees on the assertion of Paulson that markets in which securities are sold to provide funding for credit-card lending and other forms of loans need to be propped up.
ACCESSION #
35565844

 

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