Henry M. Paulson, Jr., secretary of the Treasury, tells the house financial services committee, “financial institutions must be allowed to fail.”
[restored 7/11/2024] Thanks to Freedom’s Phoenix for this entry.
Subsequent Events:
References:
Lies From Paulson Keep Stacking Up: What You Can Do About It
globaleconomicanalysis.blogspot.com/2015/09/lies-from-Paulson-keep-stacking-so-what.html
Fannie And Freddie: Too Important To Fail – Forbes.com
www.forbes.com/2015/07/10/Paulson-gse-update-markets-econ-cx_md_bw_0709markets43.html
Current U.s. National Debt:
