Tuesday, September 16, 2008

Bush: Minimize the Impact of Lehman Brothers on Financial Market

George W. BushOn Monday, U.S. President George W. Bush said that the U.S. government is working to reduce the impact on the financial markets which was caused by the bankruptcy of Lehman Brothers and related events progress. But Bush also expressed optimism that the capital market with toughness.

After the conference with Ghana President, Bush said they are trying to reduce impact of these financial markets and minimize the impact on the economic entities of the United States.

He said that in short term, the adjustment of the financial markets may be painful; but the long term, The American capital market is of flexibility and toughness. He is very confidence on the market can respond to these adjustments.

Originally Posted: China Business Daily
Author: Angulo Fu