Billionaire Wilbur Ross on Saving the Economy

CNBC had a great interview with successful investor Wilbur Ross on his approach to resolving the current problems in the credit markets and larger economy.

http://www.bloggingstocks.com/2008/08/18/cnbc-billionaire-wilbur-ross-offers-solution-for-credit-crunch/

The proposal marks a return to an approach used in the Savings and Loan crisis, where a new entity takes bad loans.

Here are some previous interviews with Ross:
http://www.cnbc.com/id/19077241
http://www.cnbc.com/id/25463386
http://www.cnbc.com/id/25142260

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