Heckuva Job, Paulsie

[Mesteryo]

As throughout most of the year, Mr. Bush and the White House left most of the details about the crisis to Mr. Paulson, who told reporters at a White House briefing that the problems in the housing markets at the heart of the financial crisis would take months to resolve themselves.

“I believe that there is a reasonable chance that the biggest part of that housing correction can be behind us in a number of months,” Mr. Paulson said. “I’m not saying two or three months, but in months as opposed to years.”


http://www.nytimes.com/2008/09/16/business/16paulson.html?ref=todayspaper&pagewanted=print