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.
Wamoo-wamoo-wamoo... US Treasury Secretary Henry Paulson takes a clubbin' in the media: Michelle Malkin » Hank Paulson, naked emperor Treasury Secretary Hank Paulson pulled another fast one on ... OpEdNews Video: Big Changes To Bailout Plan CBS Hank Paulson: The Case FOR Cruel and Usual Punishment Canada Free Press The Big 3: Paulson’s A HORRIBLE Trader, Volatile Markets ... FOXBusiness Congress should cancel Paulson's $810 billion bailout plan BloggingStocks HuffPo writes: "As National... 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
Henry Paulson has more magic up his sleeve than Harry Houdini did. Just think about the “changes” in plans we have seen since the September melt-down. Paulson’s new plan consists of rolling up the TARP and rolling out the red carpet to his banking buds.
Can we all remember Ol’ Hank pleading with America to give him the money to buy up those toxic assets? Remember that TARP stands for Troubled Asset Relief Program. Of course, that didn’t mean our troubled assets, like our houses. But, I... Read Full Story
It was good to see Paulson recognize that the original plan was not working and make adjustments. So often, we see those in charge refusing to admit they were wrong and adjust. They end up riding their original plan to the ground and get bad results, then place blame. The US government on Tuesday abandoned its plan to buy toxic assets, feeding a gathering sense of gloom as investors fled from risk and US equity markets sank to levels approaching their October lows.The decision to drop asset... 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 unelected... Read Full Story