Can Hank Paulson Defuse This Crisis?
J. Scott Applewhite/Associated Press
As the Bush administration’s third Treasury secretary, Henry M. Paulson Jr. has faced a brutal series of crises on Wall Street and in Washington that have sparked fiercely partisan debates.
By STEVEN R. WEISMAN and JENNY ANDERSON
Published: July 27, 2008
IF Henry M. Paulson Jr. hadn’t left Wall Street for Washington to become Treasury secretary in 2006, he would still be making tens of millions of dollars a year as the chairman of Goldman Sachs. He would be comfortably zipping around the globe on a corporate jet. He would be presiding over the only big Wall Street firm that hasn’t lost billions on bad debt.
http://www.nytimes.com/2008/07/27/business...omy/27hank.html
Full Version: Can Hank Paulson Defuse This Crisis?
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QUOTE(Snuffysmith @ Jul 26 2008, 07:18 PM) 
Can Hank Paulson Defuse This Crisis?
J. Scott Applewhite/Associated Press
As the Bush administration’s third Treasury secretary, Henry M. Paulson Jr. has faced a brutal series of crises on Wall Street and in Washington that have sparked fiercely partisan debates.
By STEVEN R. WEISMAN and JENNY ANDERSON
Published: July 27, 2008
IF Henry M. Paulson Jr. hadn’t left Wall Street for Washington to become Treasury secretary in 2006, he would still be making tens of millions of dollars a year as the chairman of Goldman Sachs. He would be comfortably zipping around the globe on a corporate jet. He would be presiding over the only big Wall Street firm that hasn’t lost billions on bad debt.
http://www.nytimes.com/2008/07/27/business...omy/27hank.html
J. Scott Applewhite/Associated Press
As the Bush administration’s third Treasury secretary, Henry M. Paulson Jr. has faced a brutal series of crises on Wall Street and in Washington that have sparked fiercely partisan debates.
By STEVEN R. WEISMAN and JENNY ANDERSON
Published: July 27, 2008
IF Henry M. Paulson Jr. hadn’t left Wall Street for Washington to become Treasury secretary in 2006, he would still be making tens of millions of dollars a year as the chairman of Goldman Sachs. He would be comfortably zipping around the globe on a corporate jet. He would be presiding over the only big Wall Street firm that hasn’t lost billions on bad debt.
http://www.nytimes.com/2008/07/27/business...omy/27hank.html
He and his predicessors brought us to this crises. I'm not at all optimistic about him solving it.
maybe they can hire porter goss for this position too
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