Thursday, November 20, 2008
Treasury Seceretary Henry Paulson At Reagan Library
United States Treasury Secretary Henry Paulson, who has been taking lots of heat lately for his policies, delivered a speech today at the Ronald Reagan Presidential Library one week after he assured American's that the banking system had been stabilized. Apparently Citigroup missed that memo, their shares dropped 26.4% to &4.71 a share today, leading some financial experts to speculate that the feds may need to bailout Citigroup next.
at 5:26 PM