Henry Paulson

o Don't be afraid to give it right back to him!!! "The more voters learn about the proposed $700-billion taxpayer-backed Wall Street rescue plan, the less they like it." (PDF warning click --->) Highlights of the Discussion Draft Bill Currently being considered by Congress "Just 24% of U.S. voters now favor the plan first proposed by Treasury Secretary Henry Paulson a week ago and the subject of very public negotiations on Capitol Hill ever since, according to a Rasmussen Reports national telephone survey taken Friday night." "Fifty percent (50%) oppose it, and 25% are undecided." "Opposition to the bailout plan has grown even after ... Read Full Story

IS 350 Model Research, Reviews, Pricing & More. Get Free Lexus Info at Edmunds.com www.Lexus.Edmunds.com Blinkx Video Search World's largest video search engine. Over 26 million hours of video. www.blinkx.com Tale of the first $350 billion - Dec. 19, 2008 See original here Tale of the first $350 billion - Dec. 19, 2008 FinanceProfessor.com: Tale Of The First $350 Billion - Dec. 19, 2008 Have you wondered where the first $350 billion went? Here is how CNN reports it: Tale of the first $350 billion - Dec. 19, 2008: ". " ..checks totaling $168 billion in varying amounts to 116 banks; …committed another $82 ... Read Full Story

Democrats lash out at Paulson over mortgages Frank says some of $700 billion must go to homeowner relief By Greg Robb & Ronald D. Orol , MarketWatch Last update: 5:19 p.m. EST Nov. 18, 2008 This is an update to correct the number of mortgages the FDIC plan aims to modify. WASHINGTON (MarketWatch) -- Democratic lawmakers told Treasury Secretary Henry Paulson on Tuesday that he must reverse course and spend some of the $700 billion in bailout funds to keep individual homeowners from losing their homes. "Some of this TARP money has to be used for mortgage foreclosure prevention," House Financial Services Committee chairman ... Read Full Story

by Charley James One of Chairman Mao Tse Tung’s “sayings” immortalized in his Little Red Book deals with stealth in politics and war. “Make a noise in the east,” the Great Helmsman wrote, “and strike in the west.” On Monday afternoon, we realised that Treasury Secretary Henry Paulson must be channelling Chairman Mao. While everyone on the Hill and around America was focusing attention on the election and bank rescue plan – a noise in the east – on Sept. 30, Paulson struck in the west by quietly giving banks a $140-billion windfall by issuing new regulations under an arcane provision of a seldom ... Read Full Story

WASHINGTON (AP) -- President Bush on Tuesday announced a $250 billion plan by the government to directly buy shares in the nation's leading banks, saying the drastic steps were "not intended to take over the free market but to preserve it." Nine major banks will participate initially including all of the country's largest institutions, he announced, in a move that sent stocks soaring on Wall Street. Some of the nation's largest banks had to be pressured to participate by Treasury Secretary Henry Paulson, who wanted healthy institutions that did not necessarily need capital from the government to go first as a way of removing ... Read Full Story