Secretary Hank Paulson

In the meantime, we've committed, it's been quoted, $7.7 Trillion dollars to the banking financial bailout. (Link here: http://globaleconomicanalysis.blogspot.com/2008/11/bailout-pledges-hit-77-trillion.html) Thanks, George. Thanks, Hank. You can't say the last 8 years haven't been interesting. Tragic, sure--and misguided and wrong--but interesting. Happy Thanksgiving everyone. 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

AFP - Outgoing US Treasury Secretary Hank Paulson said that a failure to address the rise of emerging markets and resulting imbalances was partly to blame for the global financial crisis, according to an interview published Friday. Read the full Article 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

About    Blogs: Wetmachine Main | Econoklastic | Inventing the Future | Tales of the Sausage Factory Archives   Jump to navigation Add your shit to the shitpile. It's a patriotic duty; plus, you get lots and lots of free money. Do it today! I did! posted at 15:24:15 on 09/23/08 by John - Category: "A Republic, if you can keep it" Comments Add Comments Email Updates Want to get updates when someone... Read Full Story

I am one who has held out support for fixing the banking system since the crisis broke out last year in full force.   In my college days our professors had those of us majoring in economics do some historical study on the Great Depression. I think it is relatively agreed upon, as Charmian Bernanke pointed out in his 60 Minutes interview, two things led to the great depression.  1) The money supply contracted sharply; and 2) The banking system was allowed to fail on a massive scale.  The... Read Full Story

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

With GM and Chrysler less than 19 days away from bankruptcy, and with the U.S. Senate rejecting automakers’ pleas for an emergency bailout, Treasury Secretary Paulson has just pledged he will not let them fail. Here’s why no amount of money Paulson or anyone else throws at Detroit can save GM or Chrysler now. Why massive deflationary forces are aligned to crush the U.S. economy and stock market next year. And why we are holding? DEFLATION SURVIVAL BRIEFING NEXT WEDNESDAY: Click this... Read Full Story

Remember when America was going to hell in a hand basket if Congress didn’t pass Hank Paulson ’s bailout bill? Well, guess what? Congress did pas the bill, and the markets have been sliding ever since. Justice Litle says that’s because Pualson’s bill was a fudge…and a poorly sold one at that. This from Taipan Daily: Treasury Secretary Hank Paulson didn’t want things to go this way. As the ex-head of Goldman Sachs and a die-hard free-markets advocate, he didn’t want to become a de facto... Read Full Story

One of the key things we teach in our Persuasive Online Copywriting course is how to speak to your customers, in their language, about what they care about. Treasury Secretary Henry Paulson should have attended our course.   According to many analysts, he’s doing a terrible job of selling the bailout package to the American people. MSN Money blogger Charley Blaine talks about the problem, and how he thinks, of all people, Jim Cramer has it right on how to put the bailout plan into plain... Read Full Story