Sunday, September 21, 2008

Bloomberg.com: Worldwide

Bloomberg.com: Worldwide: "Paulson spent the morning today appearing on the Sunday television talk shows to build public support for his plan. He urged quick approval by Congress, saying financial markets are ``fragile.'' While the plan should have ``mortgage relief components,'' he suggested legislative changes should be kept to a minimum.

``We want this to be clean, we want this to be quick,'' Paulson said on Fox News Sunday.

Speaking on NBC's ``Meet the Press, he said: ``This is not a position where I like to see the taxpayer, but it is far better than the alternative.'' He added that assets bought by the Treasury would later be sold, recovering some money for the government."

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