Q Thanks, Dana. The President ended his remarks this morning by saying that the government will continue to act to strengthen and stabilize our financial markets and improve investor confidence. Can you talk about what that means and talk about it in terms that might be understandable to somebody like me who's not a financial expert or somebody sitting at their kitchen table looking at their 401(k) balance? What does this mean for people?

MS. PERINO: I think what -- I'm not able to talk about any specific future actions that may or may not be rumored or not rumored to be under consideration by the Treasury Department and the Federal Reserve. But what I can tell you, what the President meant by that is that clearly there is a market correction going on. Clearly these are challenging times. And the federal government, at his direction, is focused on making sure that we look at the system as a whole, that we work to prevent any broader economic damage from the few firms that we've seen in the past recent -- in the last few days that have either been liquidated or sold, like Lehman Brothers, most of it being sold to Barclays. There's a lot of information and news that the market is trying to digest right now and that we are going to stay on top of it, and we will take any necessary steps to make sure that the broader economy is not harmed by any of these failures.

seen at 09:00, 18 September in Whitehouse Press Briefings. Email this to a friend.
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