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[0] REMARKS BY LAWRENCE SUMMERS, DIRECTOR, NATIONAL ECONOMIC COUNCIL SUBJECT: RESCUING AND REBUILDING THE U.S. ECONOMY: A PROGRESS REPORT LOCATION: PETERSON INSTITUTE FOR INTERNATIONAL ECONOMICS, WASHINGTON, D.C. TIME: 11:13 A.M. EDT DATE: FRIDAY, JULY 17, 2009 (Part 4).

Publication: Washington Newsmaker Transcript Database
Publication Date: 17-JUL-09 		Format: Online
Delivery: Immediate Online Access

Article Excerpt
We on President Obama's economic team were very much aware that there were few, if any, examples of success in rapidly restoring economic growth and financial stability after such broad-based financial crises. We concluded that past failures were a reflection of insufficiently aggressive action, taken too slowly, and vowed...

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