Tuesday, February 10, 2009
I begin to like this guy ...
“The financial system is working against recovery, and that’s the dangerous dynamic we need to change,”
“Without credit, economies cannot grow, and right now, critical parts of our financial system are damaged.”
“In our financial system, 40 percent of consumer lending has historically been available because people buy loans, put them together and sell them,”
“Because this vital source of lending has frozen up, no plan will be successful unless it helps restart securitization markets for sound loans made to consumers and businesses -- large and small.”
“Without credit, economies cannot grow, and right now, critical parts of our financial system are damaged.”
“In our financial system, 40 percent of consumer lending has historically been available because people buy loans, put them together and sell them,”
“Because this vital source of lending has frozen up, no plan will be successful unless it helps restart securitization markets for sound loans made to consumers and businesses -- large and small.”
# posted by Lobo @ 6:02 AM 
