Transcript: Obama Announces Economic Team | Includes Press Q&A | November 24, 2008
(Source: CNN)
(JOINED IN PROGRESS)
BARACK OBAMA, PRESIDENT-ELECT: The news this past week, including this morning’s news about Citigroup, has made it even more clear that we are facing an economic crisis of historic proportions.
Our financial markets are under stress. New home purchases in October were the lowest in half-a-century. Recently, more than 500,000 jobless claims were filed, the highest in 18 years. Read more
