Showing posts with label remember new orleans. Show all posts
Showing posts with label remember new orleans. Show all posts

April 30, 2007

US Treasury Secretary Henry Paulson goes on record, calls housing crash bottom

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Treasury Secretary Henry Paulson delivered an upbeat assessment of the economy, saying growth was healthy and the housing market was nearing a turnaround.

"All the signs I look at" show "the housing market is at or near the bottom," Paulson said in a speech to a business group in New York. The U.S. economy is "very healthy" and "robust," Paulson said