Friday, September 19, 2008

Dodd tells you what Paulson and Bernake told him

I snoozed through the press conference, but did Paulson or Bernake say anything like this?
As Senator Christopher J. Dodd, Democrat of Connecticut and chairman of the Banking, Housing and Urban Affairs Committee, put it Friday morning on the ABC program “Good Morning America,” the congressional leaders were told “that we’re literally maybe days away from a complete meltdown of our financial system, with all the implications here at home and globally.”
The rally better be of the epic positive variety.

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