Wilbur Ross: Second Stimulus Necessary

Friday, October 2, 2009 9:18 AM

By: Julie Crawshaw

Wilbur Ross argues that the US now needs a second government stimulus because the first one wasn't enough to jump-start the U.S. consumer.

"I think it's really going to be that we're going to continue the massive transfer of liabilities from the private sector to the public sector,â€