On the recordOctober 7, 1998
Thank you very much. Ron, thank you for those words, and I thank Beth for them. Hillary and I were over here to dinner not very long ago. It was a smaller crowd; there were just four of us. And I think if we come back again, I should be assessed part of the contractor's fee. [Laughter] I'm afraid I'm overstaying my welcome, but I love this beautiful, beautiful home. I want to thank all of you for being here. I thank Steve Grossman for his tireless efforts and for bothering all of you so much. And let me say to all of you, this is a very interesting time. You know that, of course. But I spent most of the last 2 weeks concerned about the developments in the international economy, what's going on in Asia, what's going on in Russia, will the financial contagion spread to Latin America. Today I talked to the President of Brazil twice about this and other matters. And yesterday I had a chance to go before the 4,000 delegates to the World Bank and International Monetary Fund annual meeting and say at least a general outline what I thought ought to be done to deal with the present crisis, limit its spread to--stop it from spreading to Latin America and other places, and deal with the problem over the long run. We've been working on Kosovo. A lot of people don't know where Kosovo is. Once nobody knew where Bosnia was, either, and by the time we found out, a lot of people had died and the whole stability of that part of Europe was at stake.…
Source
govinfo.gov




