O'Neill: Bush Doesn't Get Crisis, 'It Shows'
The President's Former Treasury Secretary Speaks Out About $700 Billion Bailout
By SCOTT MAYEROWITZ ABC NEWS Business Unit
Sept. 25, 2008—
Former Treasury Secretary Paul O'Neill said today that our nation's leaders -- especially President Bush -- are "in a panic" and haven't thought through the $700 billion bailout plan in a rush to pass it by the end of the week.
"I don't think he understands or knows much about any of this and it shows," O'Neill said, adding that current Treasury Secretary Henry Paulson "knows a lot of about this, and it's good that he's there."
Sept. 25, 2008—
Former Treasury Secretary Paul O'Neill said today that our nation's leaders -- especially President Bush -- are "in a panic" and haven't thought through the $700 billion bailout plan in a rush to pass it by the end of the week.
"I don't think he understands or knows much about any of this and it shows," O'Neill said, adding that current Treasury Secretary Henry Paulson "knows a lot of about this, and it's good that he's there."
posted by Kangaroo Brisbane Australia at 6:08 PM
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