Summit Notebook

Exclusive outtakes from industry leaders

Audio – Treasury Secretary Paulson proven wrong on housing, Toll CEO says

June 27, 2007

henry-paulson.jpgA recent spate of weak indicators in the housing industry shows that U.S. Treasury Secretary Henry Paulson (pictured) was mistaken in May, when he predicted a near-term end to the housing correction, Toll Brothers Chief Executive Robert Toll told the Reuters Global Real Estate Summit.

Click hear to hear Toll’s take on how happy days have not yet returned to housing.

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