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Ross: TALF Step in the Right Direction

Tue 03 Mar 09 | 07:05 PM ET
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Ross: TALF Step in the Right Direction

Tue 03 Mar 09 | 07:05 PM ET
The government is becoming the securitization mechanism for consumer lending, says Wilbur Ross, chairman and CEO of WL Ross & Co. He tells CNBC's Martin Soong and Sri Jegarajah that this is a constructive move for the U.S. economy.

Topics:

Asia  | Economy (U.S.)  | Politics and Government
 
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