Mar 13, 2008By Paul Jackson
In widely-anticipated remarks delivered today, U.S. Treasury Secretary Henry Paulson discussed a newly-released report by the President’s Working Group on Financial Markets that makes broad recommendations for policy and legislative action in the months ahead. The group — which includes the Treasury, the Fed, FTC and SEC — had been tasked by the President with analyzing current market turmoil and putting recommendations in place to prevent such a scenario from playing out again.