A Fed Loan To Lehman Brothers Would

Payment Systems Are Critically Important For Overall Market Stability. On A Typical Business Day, U.s. Payment And Settlement Systems Settle Transactions Valued At Over $13 Trillion.

There Are Two Issues That People Sometimes Confuse, But They're Very Closely Related. There Is The Strength And The Stability Of The American Financial System. And It's Very Important That That System Remain Stable And Remain Strong And Lending Is Very Important To Consumers. Secondly, The Economy. And What Has Gone On In Financial System Is Impacting The Economy. And As The Economy Is Turning Down, It Is Very Important That Lending Continue To Be Available And Be Available To Consumers. So What We're Doing With This Facility Is To Support - Is To Support Consumer Lending.

I Don't See (subprime Mortgage Market Troubles) Imposing A Serious Problem. I Think It's Going To Be Largely Contained.

One Of The Most Constant Aspects Of American Life Is Change - And Nowhere Is It More Evident Than In Our Financial Markets.

The First Priority Is To Make Sure We Have Capital To Continue To Have Capital Available To Put Into The Financial System. That's The First Priority.