Elsewhere on The Exxchange: Federal Reserve | US Treasury | Bailout | Ben Bernanke | TARP | Warren Buffett |
New York Observer (www.observer.com) has great Henry Paulson news, photos, videos and more
Tom Friedman thinks George W. Bush should appoint Obama's Treasury head Geithner now. The Washington Post imagines what Hillary Clinton will do as secretary of state Steve Forbes thinks Henry Paulson is the "worst treasury secretary we've had in modern times.” Amtrak will miss Joe Biden.
Addressing those mistakes only briefly, Secretary Paulson said that the Administration would "do what is necessary" to bolster U.S. financial institutions and minimize the effects of market volatility through a "multitude of powerful actions."
The Financial Times prints this headline: "Undertakers deliver last rites for US capitalism." Barack Obama leads John McCain 50-41 in a new L.A. Times-Bloomberg poll, and 53-39 in a new New York Times-CBS poll. Dan Maffei debates his Republican and Green Populist party opponents in Syracu...
At that point, this once-great Republic had not yet turned—twice—to 55 Broad Street for its secretary of the Treasury: under Clinton, Robert E. Rubin, and now, even more significantly, Henry W. Paulson Jr., who in the eyes of many is really running this nation in distress, both out front and...
It’s time to hear more from New York’s formidable U.S. senators. Charles Schumer and Hillary Clinton certainly have not been idle, but their voices have not been heard often enough as Washington considers the fate of New York City’s most important industry, the financial sector. They need t...
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...
There are "few options" left to Henry Paulson and Ben Bernanke, reports the Washington Post. Congress members in the capital region are split on the bailout. Republicans upstate continue to make an issue of Democrats who have received donations from Charlie Rangel.