We are in uncharted water. Nationalization has occurred here and it has occurred elsewhere, but in an economy this size, with this complexity of banking, that is uncharted water.
David Gergen: “We are in uncharted water. Nationalization has occurred here and it has occurred elsewhere, but in an economy this size…”
On the recordFebruary 19, 2009
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transcripts.cnn.comEditor's note · Context
David Gergen discusses the complexities and risks of nationalizing banks.
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