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This set of events has led almost everyone to conclude that the trio who let Lehman go under -- Treasury secretary Henry Paulson, Federal Reserve chairman Ben Bernanke and the then-head of the New York Fed, Timothy Geithner -- erred badly in this decision. That seems a reasonable judgment.
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