Q Dana, you know, the public, we hear a lot of abstractions about the effects of these failures. You used one, you said, a failure of AIG would have reached into the American pocketbook. That's very vague. Now, yesterday we had a mutual fund, the oldest one in the country, break a dollar. There are other mutual -- money market mutual funds under stress. Did these concrete situations with money market funds or the very obscure credit derivative market enter into these discussions? Can you give us a concrete example of where the effect would have been catastrophic?
MS. PERINO: Look, I -- what I can tell you is what I learned from my experience being in the meeting yesterday with the Secretary of the Treasury. There was discussion about possible broader implications, but I'd refer you over to there for specific examples like that.
Go ahead, Peter.
seen at 09:00, 17 September
in
Whitehouse Press Briefings.
Email this to a friend.
Next item;
Original source;
Previous item;
