2009-01-25bloomberg.com

Sounds like it's going to be really different all right:
“Perhaps most importantly, the focus isn’t going to be on the needs of financial institutions,” Summers said. “Of course we need to stabilize financial institutions -- without a stable financial system the economy can’t work -- but the priority has to be getting credit flowing again so that people can buy cars, so that people can get mortgages, so the economy will operate.”



Comments: Be the first to add a comment

add a comment | go to forum thread