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Daily Brief

Aug 16 2007 12:00am EDT

Hank Paulson Gets It, Finally

Treasury Secretary Hank Paulson started a market whispering campaign in the Wall Street Journal today, and none too soon.

He doesn't try to be too rosy about subprime/credit woes and he reassuringly said he's reopened the market monitoring room that his predecessor had shut down.

Matthew Cooper's full Capital blog post on this subject can be found here.


Laura Rich is a co-founder of Recessionwire, which provides news, advice, perspective and humor about the recession and the recovery.
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