Published: 24th September 2008 Herald Sun

Sonray Capital Markets chief economist Clifford Bennett said that, while it would prevent further market collapses, US Treasury Secretary Hank Paulson's rescue plan was likely to extend the US recession from three to six months to two to three years of pain.

"This package was designed to save the investment community, not to save the US economy," he said.

Read the full article at HeraldSun.com.au 24/09/08