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Here was Treasury Secretary Henry Paulson on May 7, 2008 : "The worst is likely to be behind us." And here was Fed Chairman Ben Bernanke on June 8, ...
In his praise of Paulson, Newmark conveniently omits that he once worked at Goldman Sachs, where his boss was none other than Henry Paulson. Shocking, I know. Maybe it's because he forgets to mention to this previous relationship that he also fails to ...
When Congress approved the TARP on Oct. 3, Fed Chairman Ben S. Bernanke and Treasury Secretary Henry Paulson acknowledged the need for transparency and oversight. Now, as regulators commit far more money while refusing to disclose loan recipients or reveal the collateral they are taking...
This week, a letter authored by a quintet of governors arrived on the desk of America's most powerful official -- Treasury Secretary Henry Paulson. Unlike most of the traffic passing over Paulson's transom, this letter wasn't about another shaky financial giant, instead it was about an...
Last month, when he defended his bailout plan before Congress, Treasury Secretary Henry Paulson was reluctant to have the government take an ownership stake in the banks that taxpayers are going to rescue. It came as a relief on Wednesday when he executed an about-face and said that the Tr...