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According to Hank Paulson, the U.S. Treasury secretary, the credit crisis is entering its later stages, but the process of deleveraging in the financial system still has further to go.
1825 K Street, NW, Suite 400, Washington, DC 20006
202-955-5665 (tel) | 202-955-5606 (fax) | www.ourfuture.org
Links:
[1] http://www.ft.com/cms/s/0/355bf55c-1c6d-11dd-8bfc-000077b07658.html