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"It's going to cost more money to deal with this financial crisis," Paul Volcker, chairman of the president's Economic Recovery Advisory Board, told members of the Senate banking committee. "It's going to be lots more billions of dollars."
Earlier, Treasury Secretary Timothy Geithner said the government will have to do "substantially more" to address the crisis.
Paul Volcker, chairman of the president's Economic Recovery Advisory Board, told senators it's going to cost "lots more billions of dollars" to deal with the meltdown.
"It's going to cost more money to deal with this financial crisis," Paul Volcker, chairman of the president's Economic Recovery Advisory Board, told members of the Senate banking committee. "It's going to be lots more billions of dollars."
Earlier, Treasury Secretary Timothy Geithner said the government will have to do "substantially more" to address the crisis.
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