Elsewhere on The Exxchange: Federal Reserve | Bailout | Warren Buffett | US Treasury | Ben Bernanke | TARP |
We’re talking about the Federal Reserve Bank of New York, whose role as the most influential part of the federal-reserve system -- apart from the matter of AIG’s bailout -- deserves further congressional scrutiny. April 24, 2009: Let the Criminal Indictments Begin: Paulson, Bernanke,...
Thu, Jan 28 | from Mish's Global Economic Trend Analysis
The question now becomes how to unwind the AIG bailout. The big banks have de-TARPed. The issue of AIG secrecy, however, still remains. But that’s not Geithner’s issue. He wasn’t part of the secrecy; he was part of the solution. (Incidentally, former Treasury man Henry Paulson will join me on T...
Thu, Jan 28 | from National Review Online
Yet in the middle of this "liquidity crisis", while Ben Bernanke and Hank Paulson were corralling House and Senate leaders in the Capitol and demanded $700 billion in bailouts for Hank's unlimited and purely discretionary use, The Fed inexplicably drained $125 billion from the ba...
Sun, Jan 24 | from The Market Ticker
Obama and Paulson Saved the Financial System? Oh Please... Seeking Alpha (blog) II of the Constitution, but it is nevertheless a theme that Mr. Obama has picked up from President Bush's treasury secretary, Henry Paulson, whose book, ...
Thu, Dec 24 | from seekingalpha.com
Former Fed Chairman Alan Greenspan nabbed 17% of the vote. Five percent of the votes went to former Enron CEO Lay. Treasury Secretary Timothy Geithner and former Treasury Secretary Henry Paulson tied with 4% of the vote. Former Countrywide Financial CEO Angelo Mozilo grabbed 3%, as did Fed...
Sun, Dec 20 | from Smartmoney.com
The case against Bernanke was weaker because of Bernanke's selective memory. When confronted by Congress with his role in this mess, Bernanke defense was that he did not remember what he said and Paulson called Bank of America a "Turd in the Punchbowl". Bank of America / Merrill Lynch Recap
Tue, Oct 20 | from Mish's Global Economic Trend Analysis
The Distress Test After a horrific week on Wall Street, the question in Washington seems to be: Can what you don’t know not hurt you? With fears that the U.S. economy is at a precipice, Bush administration officials go to Congress and ask for carte blanche in buying billions of dollars in dist...
Fri, Sep 18 | from Smartmoney.com
Huge Government Bailout Envisioned on Mortgages Remember the Resolution Trust Corporation? The RTC was the government entity created to buy up government group assembled to take over assets from failed savings and loans in the early 1990s. Now it could serve as a model for a government b...
Thu, Sep 17 | from Smartmoney.com
President Bush on Monday said, "The Secretary and I share the concerns of our citizens, concerns about jobs, concerns about their savings accounts. This is a tough situation for America. But we'll recover from it. And the first step to recovery is to safeguard our financial system."
Sun, Nov 23 | from Whitehouse.gov
15:30 *PAULSON SAYS MARKET TURMOIL WON'T ABATE UNTIL HOUSING REBOUNDS In a similar vein, we are seeing increasing interest in support consumer access to credit. Treasury Secretary Henry Paulson today announced that TARP is no longer about troubled assets:
Thu, Nov 13 | from Economist's View
Furthermore, I think, as a nation, we're better off owning stock in the banks that we are injecting capital in, rather than owning toxic assets that are probably never going to be worth their original valuations. I can envision a future in which Citigroup and JPMorgan and Goldman Sachs end...
Wed, Nov 12 | from Salon
The failure to pass bailout legislation reflected a political system as bereft of confidence as the financial markets. President George W. Bush and Treasury Secretary Henry Paulson had no credibility to match the arrogance of their initial demand for absolute power in distributing $70...
Tue, Sep 30 | from New York Observer
US Treasury Secretary Henry Paulson visits China this week amid concerns over their exported goods.
Mon, Jul 30 | from BBC News
From the Journal:Treasury Secretary Henry Paulson, concerned that regulators may not be best positioned to properly oversee fast-moving capital markets, said he is launching an internal review to recommend changes to the regulatory system. To maintain our capital markets' leaders...
Wed, Jun 27 | from ProfessorBainbridge.com
WASHINGTON Treasury Secretary Henry Paulson said Wednesday that he personally initiated his departments role in a Supreme Court case that could hurt shareholders efforts to recover losses in securities fraud lawsuits.
Thu, Jun 21 | from AZ Central.com
President Bush on Monday said, "Hank comes to his position with a lifetime of experience in business and finance. He has an intimate knowledge of global markets. He will work to keep this economy of ours competitive and growing, and he will work to ensure fair treatment for America's goods a...
Sun, Jul 9 | from Whitehouse.gov
More Henry Paulson News