Henry Paulson: Lehman Not Right Analogy for Europe
- CNBC
Previous Page
Next Page
Henry Paulson: Lehman Not Right Analogy for Europe
The structural issues around the EU are very difficult issues, says Former Treasury Secretary Henry Paulson. The important thing is to construct a big enough firewall so that we stabilize the banks and make sure they do not have a big systemic bank failure or messy member failure. When asked whether he believes another Lehman Bros. situation could happen in Europe, Paulson says the Lehman collapse is not the right analogy but Europe could learn from that lesson to avoid systemic failures in the future.
CNBC | February 15, 2012
