Former US Treasury Secretary and Goldman Sachs CEO Henry Paulson on Tuesday undertook a strident defence of his management of the US economy during the height of the financial crisis.
Henry paulson
Henry Paulson: Wall Street prince battles the GFC
Henry Paulson, former Goldman Sachs CEO, became US Treasury secretary in 2006. Todd S Purdum really gets to know the Republican who is now “the greatest economic interventionist of his generation”.
Kohler: Geithner’s middle way
The US Treasury Secretary’s clear-up of toxic loans looks like the worst possible plan, except for all the others, writes Alan Kohler.
Steve Keen: Hank Paulson the evil scientist, not the hero
Henry Paulson is far from the hero in the story of the Wall Street meltdown. Associate Professor Steve Keen argues he is in fact the villain, and may be heading for an ignominious end.
Media wrap: Opposing the Wall Street bailout
Cash for trash … Wall St plan a hard sell on Capitol Hill … Why you should hate the Treasury buyout … Dems say they won’t get fooled again … Opposition to bailout plan grows … A better bailout.
Does the Wall Street bailout remind you of anything?
Does the Paulson package remind you of anything? It reminds me of the invasion of Iraq. And the Northern Territory intervention. And the Tampa. It’s the new black for government, writes Nicholas Gruen.
Bush sub-prime plan is symbolic claptrap. A con
Talk about symbolic claptrap and the credulous American investor: they have fallen for a three-card trick from a US administration whose only concern is to look as though it is doing something to help as many people as possible in headline terms, but as few as possible in reality. Glenn Dyer reports.
Morning Market Report
The highlights and lowlights of this morning’s sharemarket activity.
