THESYNDROME.COM » Henry Paulson

Lawmakers grill Paulson on bailout plan

admin — Tue, 18 Nov 2008 21:36:41 +0000

Treasury Secretary Henry Paulson launched a spirited defense Tuesday of his handling of the $700 billion program and expressed fresh reservations about tapping the pool for mortgage guarantees to relieve skyrocketing home foreclosures.

CQ Transcript: Treasury Secretary Henry Paulson Interviewed on Fox News’ ‘Journal Editorial Report’

admin — Sun, 16 Nov 2008 20:55:15 +0000

CQ Transcriptswire

CQ Transcript: Treasury Secretary Henry Paulson Is Interviewed on NPR

admin — Fri, 14 Nov 2008 19:48:18 +0000

CQ Transcriptswire

Hank to Homeowners: Drop Dead

admin — Fri, 14 Nov 2008 18:35:01 +0000

[b][link:www.americanprogress.org/issues/2008/11/drop_dead.html|Hank to Homeowners: Drop Dead][/b] By Andrew Jakabovics November 13, 2008 http://www.americanprogress.org/issues/2008/11/img/drop_dead_on_page.jpg Treasury Secretary Henry Paulson stated yesterday he will not purchase mortga...

The Bailout Profiteers

admin — Thu, 06 Nov 2008 03:29:26 +0000

The Bailout Profiteers By Naomi Klein - October 31st, 2008 Editor’s note: The online version of this story has been amended to reflect developments since the publication of the print edition. On October 13th, when the U.S. Treasury Departmen...

The Bailout Profiteers

admin — Fri, 31 Oct 2008 21:20:33 +0000

October 31st, 2008

Rolling Stone

Editor’s note: The online version of this story has been amended to reflect developments since the publication of the print edition.

On October 13th, when the U.S. Treasury Department announced the team of "seasoned financial veterans" that will be handling the $700 billion bailout of Wall Street, one name jumped out: Reuben Jeffery III, who was initially tapped to serve as chief investment officer for the massive new program.

On the surface, Jeffery looks like a classic Bush appointment. Like Treasury Secretary Henry Paulson, he's an alum of Goldman Sachs, having worked on Wall Street for 18 years. And as chairman of the Commodity Futures Trading Commission from 2005 to 2007, he proudly advocated "flexibility" in regulation — a laissez-faire approach that failed to rein in the high-risk trading at the heart of the meltdown.

Sec. Paulson admits deregulation has failed us all

admin — Fri, 14 Mar 2008 07:14:27 +0000

You know things are very very bad on Wall Street when a guy like Henry Paulson — Treasury secretary, solid Republican, and former Goldman Sachs CEO — joins the crowd calling for more regulation over the financial markets. Paulson spared no one in his criticism Thursday of the excesses of deregulation that has now created the [...]