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Intentional lobbying for (by Henry Paulson when he was with Goldman Sachs before becoming Treasury Secretary), the granting of, and then full utilization of ever-increasing leverage. As noted above every single one of the large bank and bank-style institutions that has failed had mo...
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