Commentary by Charles Feldman | October 17, 2007Well,it took long enough. Henry Paulson Jr. — that would be the U.S. Secretary of the Treasury — admitted that the housing/credit/confidence crush (HCCC for short) is a hell of a lot worse that he ever imagined (clearly the Secretary does not exactly have a fertile imagination!) and, . . . now this is the [...]
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Treasury Secretary Awakens From Coma: Finally Realizes Housing Bubble Exists
by Charles Feldman | October 17, 2007Well,it took long enough. Henry Paulson Jr. — that would be the U.S. Secretary of the Treasury — admitted that the housing/credit/confidence crush (HCCC for short) is a hell of a lot worse that he ever imagined (clearly the Secretary does not exactly have a fertile imagination!) and, . . . now this is the [...]