Financial and Housing Crisis
2009-02-12T01:11:43-05:00https://ximage.c-spanvideo.org/eyJidWNrZXQiOiJwaWN0dXJlcy5jLXNwYW52aWRlby5vcmciLCJrZXkiOiJGaWxlc1wvMTViXC8yODM5ODgtbS5qcGciLCJlZGl0cyI6eyJyZXNpemUiOnsiZml0IjoiY292ZXIiLCJoZWlnaHQiOjUwNn19fQ==Secretary Geithner testified about the stability and prospective health of financial and housing markets. He also talked about the administration’s Financial Stability plan which had been announced the previous day. He responded to criticism of his bank bailout plan for not providing significant details, saying that while the administration would move swiftly to complete its work on the plan, some details were still forthcoming and a rushed plan would be more costly and might require expensive revisions that would damage its credibility.
Secretary Geithner testified about the stability and prospective health of financial and housing markets. He also talked about the administr… read more
Secretary Geithner testified about the stability and prospective health of financial and housing markets. He also talked about the administration’s Financial Stability plan which had been announced the previous day. He responded to criticism of his bank bailout plan for not providing significant details, saying that while the administration would move swiftly to complete its work on the plan, some details were still forthcoming and a rushed plan would be more costly and might require expensive revisions that would damage its credibility. close
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