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.
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Home / Blog , Daily Updates / US Treasury - Hank Paulson - Special Remarks on Rescue Package
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Posted: November 12, 2008 at 10:35 am by Chuck
Here is the text of what Hank will say:
November 12, 2008 HP-1265
Remarks by Secretary Henry M. Paulson, Jr. on Financial Rescue Package and Economic Update
Washington - Good morning. I will provide an update on the state of the financial system, our economy, and our strategy for continued... Read Full Story
NEW YORK (MarketWatch) — Let’s be optimistic, or just flat out pretend, that
Treasury Secretary Henry Paulson did not pick Neel Kashkari to run the bailout
program just because he worked at Goldman Sachs Group Inc.
Let’s hope that the 35-year-old whiz kid was chosen interim assistant secretary
for financial stability on Oct. 6 because he is the Rain [...] Read Full Story
Meanwhile Paulson has no problem pouring tax payers' money into AIG. President-elect Obama and Congress have expressed their intention to help General Motors, yet Paulson and the rest of the lame duck administration are not listening. This is a transfer of wealth from the public to the private sector on a massive scale.The Congress needs to act. read more | digg story Full Read Full Story
Treasury Secretary Hank Paulson United States Treasury Washington, DC Dear Secretary Paulson, I trust this finds you happy and well sir. I know you've been very busy emptying our piggy bank to bail out institutions "Too big to fail." I'd like to apply for a bailout too. Granted,... Read Full Story
By William Greider
October 30, 2008 “The Nation” — The swindle of American taxpayers is proceeding more or less in broad daylight, as the unwitting voters are preoccupied with the national election. Treasury Secretary Hank Paulson agreed to invest $125 billion in the nine largest banks, including $10 billion for Goldman Sachs, his old firm. [...] Read Full Story
Henry Paulson is looking for the rest of the $700 Billion for Christmas. He has “invested” $350 Billion and now is asking for the final $350 Billion before the holidays.
Paulson’s call for the other $350 billion may set off a debate in Congress, where some members have criticized the Treasury chief’s management of TARP and demanded more help for struggling homeowners. The chairmen of the House and Senate banking panels have said they are reluctant to give the outgoing Bush administration... Read Full Story
Jan
09
By Chuck
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From the WSJ:
The U.S. Treasury has failed to reveal its strategy for stabilizing the financial system, not answered questions asked by a government watchdog, and has done nothing to help struggling homeowners, a report being released Friday charges.
In the most scathing criticism yet of Treasury’s implementation of the $700 billion financial-rescue package, a draft report being issued by the five-member congressional... Read Full Story
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Home / Blog , Daily Updates / Hank Paulson Speaks - Capital Purchase Program
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Posted: October 20, 2008 at 12:27 pm by Chuck
October 20, 2008
hp-1223
Statement by Secretary Henry M. Paulson, Jr. on Capital Purchase Program
Washington, DC– Good morning. As you know, over the last few weeks we have worked aggressively to implement the authorities provided by Congress in the financial rescue package enacted earlier this month. This morning... Read Full Story
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