Matthew Rose
CEO
Burlington Northern Santa Fe (BNI)
"There's a short-term issue and a long-term issue. The short-term issue is really the definition around stimulus and then the question is will there be further stimulus and how will stimulus take place. The plan that has been put in right now to shore up the banks is working and will continue to work. We're seeing that in the credit markets. But the biggest issue looming out there is keeping people in their houses and finding a way to help people through their mortgage issues on these resets. As there are more foreclosures, people who are losing their houses aren't going to go out and buy things. So I think that keeping people in their houses is the top issue, whether Congress will deal with that or that will take Presidential leadership is an unknown question at this point in time."
Additional excerpts from Matthew Rose
