U.S. Treasury Secretary: No need for massive financial rescue.

U.S. Treasury Secretary Henry Paulson <P> 19, the Bush administration denied the introduction of large-scale rescue plan needs to contain the subprime mortgage crisis continues to expand. .</ P> <P> It http://finance. Hearing, Paulson accepted the day of well-known financial television channel CNBC interview, when asked to help the financial sector and restore investor confidence, the U.S. government the need to introduce greater .the scale of the rescue plan, he replied: "Absolutely not." </ P> <P> He said the Government is concerned that the situation "the actual process." .He believes that a large number of markets because of risk aversion, the current changing market. .</ P> <P> since the British government unexpectedly announced last week the troubled Northern Rock bank being nationalized, the U.S. side, there are rumors that the Bush administration need to give financial assistance to a larger scale. .</ P>.