Monday, January 7, 2008

Paulson: no easy answer to mortgage woes

WASHINGTON - The Bush administration is working to combat the country's severe housing crisis but there is no simple solution, Treasury Secretary Henry Paulson said Monday, adding that a correction in the housing market is "inevitable and necessary."

http://news.yahoo.com/s/ap/20080107/ap_on_go_ca_st_pe/paulson_housing

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