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Financial Fix?

Financial Fix?

Treasury Secretary says "hundreds of billions" of dollars are needed to resolve U.S. financial crisis.


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WASHINGTON (AP) - President Bush has told the nation his
administration is taking "unprecedented action" to deal with the
ailing financial markets.
Bush said he appreciates the willingness of Congress to work
with the administration to address the crisis "head on."
The president spoke publicly for the third time this week about
convulsive developments in the business world. He was joined on the
White House steps outside the Oval Office by Federal Reserve
Chairman Ben Bernanke, Treasury Secretary Henry Paulson and
Securities and Exchange Commission Chairman Christopher Cox.

(Copyright 2008 by The Associated Press. All Rights Reserved.)

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