Hank Paulson

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Latest blogosphere posts tagged “Hank Paulson”

  • Throw Helicopter Ben under the bus


    CorrenteAuthority Authority: 625
    The President has reached his decision on Afghanistan, and given his speech. There’s nothing much that can be done about this military escalation issue right now. It may make you feel better to gripe, kvetch, and moan on the tubez about the Afghanistan policy, but there are two big events coming up in the next 48 ...
    14 hours ago
  • BANKS, BETTING THE HOUSE ... AGAIN


    THE MARK MARTINEZ SHOW: Talk Radio for Liberals and Real ConservativesAuthority Authority: 128
    Remember how the derivative market helped get our financial institutions into trouble, and then helped collapse our economy? Well, after handing over trillions of dollars in taxpayer guarantees, loans, and credits to cover the derivative losses of our financial institutions derivatives are making a comeback . ...
    17 hours ago
  • Fraud and Failure: Bo Cutter’s Indictment of the Finance Industry


    New Deal 2.0Authority Authority: 142
    Bill Black explains how Bo Cutter’s defense of Tim Geithner reveals the  fraud and failure that plagued the financial sector  long before the crisis. Bo Cutter has presented the best possible defense of Treasury Secretary Geithner. It is a remarkable defense because it is premised on a scathing indictment of ...
    20 hours ago
  • MAKE THAT ONE DIP OR TWO?


    Progressive EruptionsAuthority Authority: 128
    No, I am not selling ice cream with sprinkles. The term, double dip, refers to a second recession that may collapse an already fragile economy and trigger the second Great Depression. About two weeks ago, I discussed the possibility in this post, The Looming Unemployment Bomb . To recap some key points: When ...
    1 day ago
  • MAKE THAT ONE DIP OR TWO?


    THE SWASH ZONEAuthority Authority: 428
    No, I am not selling ice cream with sprinkles. The term, double dip, refers to a second recession that may collapse an already fragile economy and trigger the second Great Depression. About two weeks ago, I discussed the possibility in this post, The Looming Unemployment Bomb . To recap some key points: When ...
    1 day ago
  • Nicolas Sarkozy ‘helped’ Roman Polanski get bail


    Quick Take - As It HappensAuthority Authority: 125
    The Glitter Dome by Joseph Wambaugh The director’s sister-in-law Mathilde Seigner hinted that the leader has been instrumental to the recent development. “I wouldn’t go so far as to say that it is thanks to the President that Roman has been freed, but he has been super. The President has been very ...
    4 days ago
  • Playing BrickBreaker While the Financial System Burned


    2parseAuthority Authority: 129
    The weekend of September 12 through September 14 – before the collapse of Lehman Brothers on Monday, September 15, 2009 and the near collapse of the world financial system that followed – was a frenzied one in the financial world. By this point, everyone knew huge events would occur: perhaps massive government ...
    1 week ago
  • Why is Obama Championing Bush’s Financial Wrecking Crew?


    New Deal 2.0Authority Authority: 142
    Bill Black lays out a near-term list of financial priorities. Item #1: Team Obama must be purged of the ‘Wrecking Crew’ who drove the economy over a cliff. Tom Frank’s book, The Wrecking Crew explains how the Bush administration destroyed effective government and damaged our social fabric and our economy. ...
    1 week ago
  • URGENT NATIONAL EMERGENCY: TRILLIONS OF DOLLARS IN PUBLIC WEALTH HAS BEEN STOLEN


    InvestmentWatchAuthority Authority: 157
    This crime makes Bernie Madoff’s look like an elementary school lunch money stickup. No, I’m not talking about the hundreds of billions in the housing crisis scam cooked up by JP Morgan and Goldman Sachs that left millions homeless and investors suckered the world over, or even the $2.75 trillion oil futures ...
    1 week ago
  • U.S. Dollar Has NO Credibility Left, Down 15% Against The Euro


    BASIL & SPICE--FINANCIAL WELL BEINGAuthority Authority: 131
    John M. Mason- “It is very important to the United States that we have a strong dollar.” So said the United States Secretary of the Treasury. Yes, Paul O’Neill said that. Oh, yes, John Snow said that. And, Hank Paulson. Oh, you say, that the quote is attributed to Tim Geithner, who made the statement ...
    2 weeks ago
  • The Age of Paranoia


    BlogsAuthority Authority: 162
    W.H. Auden, the great British poet, coined "The Age of Anxiety" to characterize the post-WWII era. Anxiety is a free-floating dread that something beyond our control will cause us harm. Auden used anxiety to describe how people desperately sought emotional stability in a fast-changing technological world. Audens ...
    3 weeks ago
  • Goldman Sachs Chief says ‘We do God’s work’


    Lex LowtherAuthority Authority: 119
    The boss of Goldman Sachs claimed yesterday that bankers were doing ‘God’s work’. Lloyd Blankfein is the latest money man to defend bumper bank bonuses, suggesting a return to massive profits should be welcomed. However, the chief executive of the Wall Street firm admitted people were ‘p***** off, mad ...
    3 weeks ago
  • Guest post: Straight Offa Wall Street Debuts Atop Billboard Charts


    zero hedgeAuthority Authority: 753
    Submitted by Damien Hoffman at Wall St. Cheat Sheet "Straight Offa Wall Street Debuts Atop Billboard Charts" Forget Dr. Dre and Snoop Dogg. Those crazy financial gangsta rappers are at it again. After privatizing their gains while handing their losses to us, N.W.A. (Nationalizerz with Attitudes) shares the ...
    3 weeks ago
  • Unemployment Hits 10% for First Since Early 80s


    The Conservative BeaconAuthority Authority: 127
    The unemployment rate sits at 10.2%, the highest it has been since 1983. What happened to saving and c reating jobs with your wasteful stimulus package, Chairman Obama? Remember that? It was supposed to save the economy, just like Bush and Paulson’s TARP debacle. Get ready folks. We are headed for a prolonged ...
    3 weeks ago
  • The Grand Larceny


    Gaian EconomicsAuthority Authority: 112
    When I was young we once played a fantastic game with this name. It involved drawing up a list of items which would be very hard to access, then assembling a week later in teams and thieving said items. The most daring raids garnered the most points. I was a wimp even in those days and spent much time gathering many, ...
    4 weeks ago
  • Hank Paulson’s Secret Meeting with Goldman in Russia


    GreenLightAdvisor ViewsAuthority Authority: 142
    Felix Salmon shares a juicy morsel from New York Times columnist, Andrew Ross Sorkin’s latest book, Too Big To Fail. It details then Treasury Secretary Hank Paulson’s secret meeting (up) with Goldman Sachs’ board of directors who happened to be in Russia at the same time. Here is an excerpt from Sorkin’s ...
    4 weeks ago
  • Goldman News: Reasonable Doubt, Taking Away Homes & Gaining on CIT


    Gulag BlogAuthority Authority: 171
    Stacy Summary :   More forensic examination of Goldman Sachs’ role during the days that its former Chief Executive, Hank Paulson, was bailing out the financial players.  And for these neo-feudal times, here is the Daily Gulag from @adamc Goldman Sachs:  Reasonable Doubt (Janet Tavakoli) ...
    4 weeks ago
  • Goldman News: Reasonable Doubt, Taking Away Homes & Gaining on CIT


    Fuck BankersAuthority Authority: 171
    Stacy Summary :   More forensic examination of Goldman Sachs’ role during the days that its former Chief Executive, Hank Paulson, was bailing out the financial players.  And for these neo-feudal times, here is the Daily Gulag from @adamc Goldman Sachs:  Reasonable Doubt (Janet Tavakoli) ...
    4 weeks ago
  • Guest Post: Busting Out The Joint


    zero hedgeAuthority Authority: 753
    Submitted by Gonzalo Lira Around 1990, I saw “Goodfellas” when it first came out. Scorcese’s quasi-nostalgic take on the Italo-American gangster culture of the 1960’s and ’70’s was like a tricked out Cadillac convertible: Eye-catching and glittery, and very very memorable.     One of the scenes ...
    5 weeks ago
  • The Crisis Before the Crisis


    The Big MoneyAuthority Authority: 709
    All these responses to the book are fundamentally pretty similar: Look at Fuld/Paulson/Darling/Geithner. Or even Dimon. This man was meant to be so smart, and turned out to do some pretty stupid things. Sorkin has written the up-close-and-very-personal story of the financial crisis:who did what when, in extra-fine ...
    5 weeks ago

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