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Politics : President Barack Obama -- Ignore unavailable to you. Want to Upgrade?


To: $Mogul who wrote (45438)11/21/2008 3:34:44 PM
From: ChinuSFO  Read Replies (2) | Respond to of 149317
 
This guy is really good. Hats off to Obama. Yeah right, Hannity and Limbaugh can go take a hike. THis is really very exciting and a very lifting piece of news.
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The Current Financial Challenges: Policy and Regulatory Implications

March 6, 2008
Timothy Geithner, President and Chief Executive Officer

Remarks at the Council on Foreign Relations Corporate Conference 2008, New York City

I am going to talk today about some of the challenges facing the U.S. and financial system. These problems took a long time to build up, and, even with a forceful mix of public policy and action by the private sector, they will take time to resolve.

The central questions are: what caused the crisis and what explains its severity? What mix of policy measures will best contain the damage? And what changes to the financial system are likely to produce greater stability and resilience in the future?

..contd at ny.frb.org