Paulson makes his case for $700 billion

Let's remember that he is proposing to buy bad mortgage assets that have no market, no one other buyers, and would be written down by the banks as a loss... Question #1 should be why are all the purchases to be done in secret with no oversight or legal recourse?? Clause 8 needs to be questioned directly.

Face the Nation


This Week with George Stephanopoulos - Part 1


This Week with George Stephanopoulos - Part 2


Meet the Press - Part 1


Meet the Press - Part 2


A take on how we got here:


Last time we saw Paulson was when he pitched the Stimulus package earlier this year. Same arguments "We need to do this quickly.... We need to keep this simple..."