MS. PERINO: Sure. President Bush has had similar sentiments before when he's talking about how over the years Wall Street was dealing with very complex financial instruments, and it's clear now to everybody that those markets didn't fully understand the risk that all of those instruments posed to the overall health of the economy and the instability in the market. And the President has described it the way others have. Obviously he did it in a very -- in a way that was with much candor.
seen at 09:00, 23 July
in
Whitehouse Press Briefings.
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