got a sweetheart deal, Dimon was the only banker in town (at that time) with any cash. Yet, then Treasury Secretary Hank Paulson and Fed chief Bernanke had a gun to Dimon's head ... and at a time when JPM was trying to digest a belly-full of Bear
By Ellen Brown : In September 2008, Henry Paulson , former CEO of Goldman Sachs, managed to extort a $700 billion bank bailout from Congress. But to pull it off, he had to fall
Romney said. “No, no, no. That was President George W. Bush and [then-Treasury Secretary] Hank Paulson ... President Bush and Hank Paulson said, ‘We’ve got to do something to show we’re not going to let the whole system go out
rapidly for the worse if counterparties experience a crisis of confidence.Lloyd Blankfein has been chairman and CEO since Henry Paulson left to become U.S. Treasury secretary in 2006. Blankfein has held various positions at the firm for more than a decade
the night. Fear-mongering, of course, has a fine pedigree. Former Goldman Sachs Chairman and US Treasury Secretary Henry Paulson did an expert job of it. He convinced Congress the US would descend into martial law, if it didn't act immediately to
he’d be doing fine for himself but making nothing remotely approaching this kind of money. Taking a pay cut to follow Hank Paulson to Treasury turns out to have been arguably the most lucrative decision of his life. Indeed, it might be true to say that
but will not force its lenders into recapitalizing. Recent chatter had the country's finmin Wolfgang Schauble about to do a Hank Paulson and demand the nation's banks accept government funds for a recapitalization. Post your comment!
BEIJING (Reuters) - Improved transparency is Europe's quickest route to debt resolution and China's best defense against external economic shocks, former U.S. Treasury Secretary Hank Paulson says.
Hank Paulson says a slowing rate of appreciation of the yuan would be "unfortunate" for China and increase tension between with U.S. with
leverage employed by banks allows any capital injection to support a high multiple of debt. Former U.S. Treasury Secretary Hank Paulson ’s bazooka was effective because it was applied to bolstering bank capital rather than buying toxic securities outright