Hank Paulson on Huffington Post

Michael Sigman: Plop Goes the Weasel!

2012-05-22T11:50:33Z

The ability to snatch the spotlight when good things happen and vanish the moment they go south is the domain of the credit weasel. Shamelessness is fundamental to superior credit weaseling. It's also a sine qua non for Mitt Romney's presidential campaign.

Read more: Credit Swaps, Dick Lugar, Hank Paulson, Richard Moudock, President Obama, Herman Cain, George W. Bush, Mitt Romney, Jamie Dimon, Video, Comedy News

Robert J. Shapiro: A Primer on the Eurozone Crisis and How It Could Affect Us

2012-05-16T17:45:09Z

Only by leaving can Greece reissue the drachma and let it devalue sharply. Everything Greek will be available at fire sale prices, which will attract foreign investors and make Greek exports price competitive. Greece and its people will be left a lot poorer, but that's also now inevitable.

Read more: Goldman Sachs, Esther George, Eurozone Crisis, Angela Merkel, Henry Paulson, The Globalist, European Central Bank, Austerity, Greece, World News

Mitch Feierstein: Goldman & Friends

2012-03-29T13:38:03Z

Greg Smith's recent wail of resignation made it clear that Goldman Sachs has long lost touch with these simple truths. The thing is, though, you don't have to be a client of Goldman's to lose out, you just have to be, well, a human.

Read more: Goldman Sachs, Jon Corzine, Greece, Business News, Financial Crisis, Aig, Italy, Recession, Hank Paulson, MF Global, Banking, Banks, Volcker Rule, Glass-Steagall, Business News

Sunil Adam: What Wall Street Muppets are Saying

2012-03-15T14:33:03Z

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Read more: Lloyd Blankfein, Politics, Goldman Sachs, Wall Street, Editorial Cartoons, New York Times, Banks, Henry Paulson, Business, New York, Comedy, Greg Smith, Business News

Bill Moyers: The Washington-Wall Street Revolving Door Keeps Spinning

2012-01-24T13:48:17Z

And so it goes, the revolving door between government service and big money in the private sector spinning so fast it becomes an irresistible force hurling politics and high finance together so completely it's impossible to tell one from the other.

Read more: William Daley, Carl Levin, Hank Paulson, Rahm Emanuel, Bill Daley, Robert Wolf, Jack Lew, Wall Street, Citigroup, Ubs, Politics News

From Wall St. To Washington: Famous Moments In Revolving Door History

2012-01-11T18:00:44Z

Want to get to Washington? Try going through Wall Street. As a look at any recent presidential administration will show, people move between the two w...

Read more: Bill Clinton, Treasury Department, Financial Reform, George W. Bush, Wall Street Reform, Bill Daley, Peter Orszag, Mark Patterson, Jack Lew, Barack Obama, Robert Rubin, Washington Wall Street, Wall Street, Wall Street Regulation, Rahm Emanuel, Henry Paulson, Robert Steel, Financial Regulation, Business News

Janet Tavakoli: Congresswoman Marcy Kaptur Confronts MF Global and Wall Street

2011-12-26T11:55:41Z

When it comes to fraud, if you don't look for it, you don't find it, because when it comes to fraud, there is always a cover-up.

Read more: Merrill Lynch, Bank of America, Goldman Sachs, Jon Corzine, Countrywide, Third World America, Representative Nan Hayworth, MF Global, Henry Paulson, Senator Mike Johanns, Representative Bill Huizenga, Senator Robert Menendez, Representative Marcy Kaptur, Video, Business News

Miles Mogulescu: How the "Smartest" Guys in the Room Screwed Up the World... and Why the 99% Movement Will K eep Challenging Them in 2012

2011-12-23T13:12:47Z

They're considered the "Smartest Guys in the Room" (yeah, they're mostly guys).

They're the financial "wizards" like Robert Rubin, Hank Paulson, Lloy...

Read more: Lloyd Blankfein, Robert Rubin, Hank Paulson, Ows, Occupy Wall Street, Larry Summers, Jamie Dimon, Alan Greenspan, Occupy Movement, Politics News

Mike Quigley: Paulson's Actions Raise Serious Ethical Questions

2011-12-06T17:17:38Z

At a time when trust in government is at an all time low, even the appearance of impropriety can undermine trust in vital public institutions like the Department of Treasury.

Read more: Corruption, Transparency, Treasury Department, Henry Paulson, Insider Trading, Reform, Wall Street, Politics News

Arianna Huffington: Sunday Roundup

2011-12-04T00:00:01Z

This week, as police shut down the Occupy encampment in Los Angeles, a trio of stories fortified the movement's fundamental argument about the two-tiered nature of our democracy. First up was a report on how, in July 2008, then-Treasury Secretary Hank Paulson gave a group of Wall Street cronies inside information on the rescue of Fannie and Freddie. Then came word that, in the midst of the financial meltdown, the Fed had secretly loaned banks $7.7 trillion with absolutely no strings attached -- loans the banks used to turn a $13 billion profit (while foreclosures escalated and small businesses struggled to get loans). Finally, heroic Judge Jed Rakoff's rejection of a sweetheart fraud settlement the SEC had gift-wrapped for Citigroup turned a spotlight on how the public interest is routinely sacrificed on the altar of expediency, and how the lack of accountability makes it much more likely that the wrongdoers will do wrong again and again without paying a real price.

Read more: Fed Secret Bailouts, Sec, Citigroup SEC Settlement, Occupy Los Angeles, Bank Bailouts, Judge Jed Rakoff, Henry Paulson, Politics News

Janet Tavakoli: Is Crony Capitalism Wrong?

2011-12-03T14:02:42Z

What do we stand for and how much of this can we stand? What are we willing to tolerate or not tolerate from our public servants? Where did we go so wrong that congressional staffers imply that crony capitalism is business as usual?

Read more: Freddie Mac, President's Working Group on the Capital Markets, Henry Paulson, Fannie Mae, Crony Capitalism, Richard Teitelbaum, Eric Mindich, Congressman Michael Quigley, Goldman Sachs, Hedge Funds, Business News

How A Treasury Secretary Tipped Off Hedge Funds To Fannie-Freddie

2011-11-29T09:20:46Z

Treasury Secretary Henry Paulson stepped off the elevator into the Third Avenue offices of hedge fund Eton Park Capital Management LP in Manhattan. It...

Read more: Fannie Mae, Henry Paulson, Financial Crisis, Freddie Mac, Business News

Condi's U Of C Appearance Postponed Amid Planned 'Occupy' Protest

2011-11-14T15:41:35Z

The University of Chicago announced Monday that an appearance by former U.S. Secretary of State Condoleezza Rice and former U.S. Treasury Secretary He...

Read more: Occupy Chicago Actions, Occupy Chicago, Condoleezza Rice University of Chicago, Condoleezza Rice, Henry M. Paulson Jr., Scott Walker, Henry Paulson, Condoleezza Rice Occupy Chicago, Scott Walker Occupy Chicago, Occupy Chicago Protests, Chicago News

Raymond J. Learsy: Occupy Wall Street Protestors 'Get A Life' -- Elect A President!

2011-10-23T08:42:24Z

She may not know it yet, but the nation needs Sheila Bair. Her persona, her values, her experience would be an enormously timely gift to all of us.

Read more: Elizabeth Warren, Treasury Department, Aspen Ideas Festival, President Obama, Mitt Romney, Obama Administration, Joe Nocera, Business, Bain Capital Partners, Goldman Sachs, JPMorgan Chase, Bush Administration, Morgan Stanley, Wall Street, Zucotti Square, Federal Deposit Insurance Corp, Occupy Wall Street, Henry Paulson, Financial Crisis, New York Times, Timothy Geithner, Sheila Bair, Politics News

Geithner Considers Leaving Treasury After Budget Deal

2011-06-30T15:47:44Z

This story has been updated.

Treasury Secretary Timothy Geithner is said to be considering leaving his position after the budget deal is completed,...

Read more: Debt, Hank Paulson, Debt Ceiling, 112th Congress, Federal Reserve, Timothy Geithner, US Treasury, Treasury Secretary, Barack Obama, Video, Business News

Don McNay: Bank of America: Too Big to Follow the Law

2011-06-29T09:30:04Z

Take from your money from places like Bank of America and move them banks and credit unions in your community. To my knowledge, none of them have paid a $8.5 billion settlement.

Read more: President George W Bush, Move Your Money, Burger King, Bank of America, The Fed, Wall Street Bailouts, Whopper, Merrill Lynch, Bank of America Settlement, Wall Street, Henry Paulson, Banks, Ben Bernanke, Bank of America Bailout, Too Big to Fail, Business News

U Chicago's Newest Fellow

2011-06-28T07:42:35Z

Henry M. Paulson Jr., former U.S. Treasury secretary, will join the University of Chicago as a senior fellow and start an independent institute locate...

Read more: Henry Paulson University of Chicago, Henry Paulson, Goldman Sachs, University of Chicago, The Midwest, College News

Why The Busts Keep Getting Bigger

2011-06-24T11:18:39Z

Suppose we describe the following situation: major US financial institutions have badly overreached. They created and sold new financial instruments w...

Read more: 2008 Financial Crisis, Hank Paulson, George W. Bush, 112th Congress, Jeff Madrick, Timothy Geithner, Paul Krugman, New York Review of Books, Robin Wells, Barack Obama, Video, Business News

WATCH: CEO Of Bailed-Out AIG Calls For Self-Regulation

2011-06-23T10:53:10Z

In the aftermath of the financial crisis, American International Group was bailed out by the federal government. But evidently, that truth hasn't stop...

Read more: Tarp, Goldman Sachs, 2008 Financial Crisis, Video, Hank Paulson, Dodd-Frank, Cnn, Wall Street Reform, AIG Bailout, Alan Greenspan, Edward Liddy, Robert Benmosche, Business News

Washington Post: Geithner Has Found His Footing

2011-06-08T14:57:21Z

During the dark days that began Timothy F. Geithner’s tenure as Treasury secretary, he was constantly under fire, accused of bailing out Wall Street...

Read more: 111th Congress, 2008 Financial Crisis, Treasury Department, Hank Paulson, 112th Congress, Federal Reserve, Timothy Geithner, Ben Bernanke, Barack Obama, New York Federal Reserve Bank, Business News

WATCH: Jamie Dimon Confronts Ben Bernanke On Regulation

2011-06-08T09:56:15Z

JPMorgan Chase CEO Jamie Dimon continues on his campaign to let everyone know he's not happy with all this financial regulation.

On Tuesday, durin...

Read more: JP Morgan Chase, 2008 Financial Crisis, Hank Paulson, Subprime Mortgages, Unemployment, Lehman Brothers, Mortgage Underwriting, Federal Reserve, Ben Bernanke, Jamie Dimon, Video, Business News

Robert Lenzner: Making Banks Too Big to Not Fail, Maybe

2011-06-08T09:45:57Z

Maybe, with the tough new demand to increase statutory capital far beyond what the banks were willing to do, there will be a banking system that is more protective of itself.

Read more: Bank of America, Hank Paulson, Hbo, Wells Fargo, Citigroup, Too Big to Fail, Business News

'Six Economic Disasters That Have Yet To Strike'

2011-06-08T09:04:55Z

After yet another weak jobs report came out last Friday—the U.S. private sector, it turns out, added just 38,000 jobs in May—economists have been ...

Read more: George Bush, European Debt Crisis, 2008 Financial Crisis, Hank Paulson, Unemployment, 112th Congress, Imf, Timothy Geithner, Ben Bernanke, Greek Debt Crisis, Barack Obama, Business News

Goldman Accused Of Purposefully Moving At 'Glacial Pace' In Probe

2011-06-01T12:23:49Z

(Santosh Nadgir) - Lehman Brothers Holdings Inc accused Goldman Sachs Group Inc of intentionally trying to delay providing documents related to a ...

Read more: Lloyd Blankfein, Richard Fuld, Goldman Sachs, 2008 Financial Crisis, Lehman Brothers Bankruptcy, Hank Paulson, Lehman Brothers, Financial Reform, Business News

ProPublica: The Heroes Are Really Zeroes in HBO's Too Big To Fail

2011-05-25T14:25:05Z

Too Big To Fail isn't the story of how the Three Musketeers (Paulson, Bernanke, and Geithner) saved the global economy. It's a story of how the three didn't see the financial crisis coming.

Read more: Hbo, General Electric, Wall Street, Lehman Brothers, Tim Geithner, Too Big to Fail, Warren Buffett, Financial Crisis, Henry Paulson, Bear Stearns, Ben Bernanke, Curtis Hanson, Tarp, Business News