Breaking: Paulson Decisively Creates Uncertainty

Paulson has just finished the press conference announcing the outcome of the G7 meeting following its conclusion.

Earlier today Susie Dow provided us with a commentary on the latest reaction to the financial crisis by Nouriel Roubini, Professor of Economics at the NYU Stern School of Business. She summed it up with this quotation:

This weekend is the last chance to try and divert the crisis.

Barack Obama's Full Statement On Paulson Proposals

I am posting in full Barack Obama's latest statement about the Paulson proposals.

I am doing so not least because we pride ourselves on here about not taking a position on issues until we are comfortable that we know sufficient of the facts to define properly the stance we feel compelled to take.

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