Paulson: crisis happens once or twice in 100 years

Paulson says changes needed at Fannie, Freddie
Treasury Secretary Henry Paulson says allowing mortgage giants Fannie Mae and Freddie Mac to return to their old operating ways is not an option.

Paulson: Congress must release rest of bailout
Treasury Secretary Henry Paulson said Friday that Congress will need to release the last half of the $700 billion rescue fund because the first $350 billion has been committed.

Paulson: Congress needs to release second $350B
Treasury Secretary Henry Paulson says Congress will need to release the last half of the $700 billion rescue fund because the first $350 billion has been committed.

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