A community guide to Hank Paulson and the Department of the Treasury. Henry "Hank" Merritt Paulson is the United States Treasury Secretary. He previously served as the Chairman and Chief Executive Officer of Goldman Sachs.
Judicial Watch Forces Release of Bank Bailout Documents
“These documents show our government exercising unrestrained power over the private sector. Despite promises of transparency, the Obama administration tried to cover up the very existence of these smoking-gun documents. And the cover-up continues, as the Obama administration protects Timothy Geithner by withholding a key document about his role in this infamous bankers meeting,” stated Judicial Watch President Tom Fitton. (excerpt... Read Full Story
THE GOOD PEOPLE @ THE CAPITAL TIMES (CYBERSPACE, VIA MADISON, WISCONSIN) HAVE SOME SHOCKING NEWS TO REVEAL in the following editorial vis-a-vis Treasury Secretary Paulson's Grand Delusion otherwise known as a $700 Billion Misunderstanding.
Videlicet , that the whole, as originally written, may be--shock!! horror!!--unconstitutional:
Treasury Secretary Henry Paulson's draft proposal for the bailout of struggling financial services firms sought to make himself the most powerful... Read Full Story
who-caused-the-biggest-financial-crisis-since-the-great-depression Financial Crisis Timeline ----------------------------------------------------------------------------------- Jul 1, 2008: Meanwhile, Sen. Charles E. Schumer (D-N.Y.), who helped fuel depositors’ concerns about the bank last week,(July 11th, 2008 Indymac seized by federal regulators), sounded like he was trying to double-back a bit. He told the Associated Press that he had spoken with Treasury Secretary Henry M. Paulson Jr... Read Full Story
I was trying to think of a witty title for this article, but I kept coming back to this one because it’s absolutely true. I was inspired to write this because I recently hooked up with an old friend who is out of work and looking for a new job. His neighborhood bank was looking for a part-time teller, so he went in to inquire. When he found out the bank does a credit check on new employees, he respectfully begged off. He knew that he would not pass that kind of inspection right now. The... Read Full Story
An interesting photo From badbilladams9
I personally think the bailout is a scam. Paulson, former CEO of Goldman Sachs, after the elections, goes back to work in the industry he is now bailing out. He personally knows near to nothing about the lives of the majority of Americans. From WiKi the easy facts. "He worked for the administration of U.S. President Richard Nixon, serving as assistant to John Ehrlichman from 1972 to 1973." "He joined Goldman Sachs in 1974, working in the firm's... Read Full Story
May
17
By Chuck
· 1:02 p.m. May 17 · Print This Post
·
Former Treasury Secretary Hank Paulson has probably done more to ‘help’ his banking industry friends while at the same time done the most damage to the tax payers than any other Treasury Secretary in history in my opinion.
Oh, and current Treasury Secretary Timmy Geithner is probably going to go beyond Hank Paulson’s tricks and create even more questionable actions as the financial crisis continues to... Read Full Story
I sometimes still think that cabinet secretary appointments are pure political patronage. The same with ambassadorships, I might add. However, watching Treasury Secretary Paulson this week made me think that at least he is willing to step up and do the job he is paid for. Who knows whether this incredible, monstrous, and unfathomable bailout will work? But I sure think something had to be done, and despite my previous post, will support what these experts propose. Don't get me wrong, I am... Read Full Story
Treasury Secretary Hank Paulson hit the Sunday morning talk show circuit to sell the administration's massive financial bailout plan.
His basic message: If Congress doesn't authorize the government to purchase upwards of $500 billion in toxic loans from financial institutions that are teetering on collapse, it could plunge the world economy into a sustained depression.
It was sobering and frank language from hammerin Hank, and was meant to put the Congress on notice: don't screw... Read Full Story
Aug
09
By Free Mind
· 5:04 p.m. Aug. 9 · Print This Post
· Stumble it!
More evidence surfaced of Hank Paulson’s suspicious dealings in the wake of the bailout of AIG.
According to evidence uncovered by the New York Times , Hank Paulson who was then Treasury Secretary, spoke “two dozen times” with Lloyd Blankfein, the GS CEO on the week the bailout was granted to AIG, in September 2008.
During the week of the A.I.G. bailout alone, Mr. Paulson and Mr... Read Full Story
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November 21, 2008
NBC News has reported that President-elect Barack Obama has made his pick for the Treasury Secretary position when the regime change occurs. Filling in for Henry Paulson - who currently holds the role - Obama plans to appoint current New York Federal Reserve Governor Timothy Geithner. Geithner has played a…
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