Paulson: 'We Have Done What Was Necessary'
Here's the full text of Treasury Secretary Hank Paulson's testimony that he's giving right now before Rep. Barney Frank's (D-Mass.) Financial Services committee.
"There is no playbook for responding to turmoil we have never faced," Paulson is saying. "We adjusted our strategy to reflect the facts of a severe market crisis always keeping focused on Congress's goal and our goal – to stabilize the financial system that is integral to the everyday lives of all Americans."
-- Frank Ahrens
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Posted by: AJAX2 | November 18, 2008 1:26 PM | Report abuse
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