Top Leaderboard, Site wide
Winner 2013 Webby Awards for Best Political Website
Top Banner, Site wide
Apr 24, 2014

 Choose a size
Text Size


They Are Watching You
Lapland’s Mystery Moths Puzzle Science




The Divide


Truthdig Bazaar
The Brothers Karamazov

The Brothers Karamazov

By Fyodor M. Dostoevsky; Constance Garnett (Translator)

more items

 
Tags

Tag: Henry Paulson

Paulson Congress
AP / Lauren Victoria Burke

Paulson Tipped Hedge Funds About Market Meltdown

Back in July of 2008, when most of us were still blissfully ignorant about the approaching economic apocalypse, then-Treasury Secretary Henry Paulson was very aware of some important market distress signals, and he chose to share some of those with an elite group of financial executives, Bloomberg reported Tuesday.

Posted on Nov 29, 2011 READ MORE



imdb.com

Access Journalism: The Movie

It is not true, as a Wall Street Journal reviewer claimed, that the HBO movie version of Andrew Sorkin’s book “Too Big to Fail” was “Too Boring to Watch.” On the contrary, the problem with the film, as with the richly anecdotal book, is that it is all too effectively misleading. 

Posted on May 24, 2011 READ MORE


Clooney
Wikimedia Commons / Efloch

Clooney Zeroes In on ‘The $700 Billion Man’

Does the name Neel Kashkari ring a bell? Think way back to the year 2008, when the word bailout was just entering the vernacular in relation to Wall Street, not prison, and when Henry Paulson was still in charge of the Treasury Department.

Posted on Apr 14, 2011 READ MORE



Center for American Progress (CC-BY-ND)

Financial Crisis Panel Names Names

Chairman Phil Angelides and the five other Democrats on the 10-person Financial Crisis Inquiry Commission have released their devastating report, which assigns blame for the economic meltdown. They pointed at Treasury Secretary Timothy Geithner (above), among others.

Posted on Jan 27, 2011 READ MORE



AP / LM Otero

The Life and Times of Bush the Clueless

The Harvard MBA is the degree that George W. Bush and his last treasury secretary, Henry Paulson, had in common, and their shared ignorance as they presided over the collapse of the U.S. economy is on full display in the former president’s newly published memoir.

Posted on Nov 10, 2010 READ MORE



AP / Charles Dharapak

Obama Hires a Hustler

Behind the wonderfully engaging smile of this president there is the increasingly disturbing suggestion of a cynical power-grabbing politician whose swift rise in power reflects less the earnestness of his message and far more the skills of a traditional political hack.

Posted on Oct 19, 2010 READ MORE


Goldman Sachs
AP / Mark Lennihan

Goldman Plays, We Pay

The story of the financial debacle will end the way it began, with the super-hustlers from Goldman Sachs at the center of the action and profiting wildly. Never in U.S. history has one company wielded such destructive power over our political economy, irrespective of whether a Republican or a Democrat happened to be president.

Posted on Apr 20, 2010 READ MORE


Plouffe and Stewart

‘Daily Show’: Plouffe Weighs In on Obama’s First Year

Barack Obama’s top campaign strategist, David Plouffe, paid a visit to “The Daily Show” on Tuesday night, the anniversary of his candidate’s big win, to look back on Obama’s strategy for getting to the White House and how the president has done over the course of his first year. Jon Stewart doesn’t let Plouffe off easy, especially when it comes to Obama’s choice of economic advisers.

Posted on Nov 4, 2009 READ MORE


Obama
AP / Charles Dharapak

Obama’s Presidency Isn’t Too Big to Fail

A president has only so much capital to expend, both in tax dollars and public tolerance, and Barack Obama is dangerously overdrawn. He has tried to have it all on three fronts, and his administration is in serious danger of going bankrupt.

Posted on Sep 15, 2009 READ MORE


China visit
AP / Gerald Herbert

The Chinese Come Calling

What a hoot. The Chinese Communists invaded Washington on Monday demanding not that we sacrifice our freedoms but rather that we balance our budget. Creditors get to make that kind of call. And the Marxists of Beijing, who have turned out to be the world’s most prudent bankers, are worried about their assets invested in our banana republic. 

Posted on Jul 28, 2009 READ MORE


Dennis Kucinich
AP / Charlie Neibergall

Dennis vs. Goliath

Rep. Dennis Kucinich talks about winning a big victory for health care reform, grilling Hank Paulson over the Bank of America-Merrill Lynch merger, and the battle against crony capitalism.

Posted on Jul 17, 2009 READ MORE


Dennis Kucinich
AP / Charlie Neibergall

Dennis vs. Goliath

Rep. Dennis Kucinich talks about winning a big victory for health care reform, grilling Hank Paulson over the Bank of America-Merrill Lynch merger, and the battle against crony capitalism.

Posted on Jul 17, 2009 READ MORE


Blankfein
AP / Mark Lennihan

‘Government Sachs’ Strikes Gold ... Again

Connect the dots: Goldman Sachs made $3.44 billion in profit this past quarter, while the U.S deficit topped $1 trillion for the first time in the nation’s history and appeared to be headed toward doubling that figure before the budget year is out. Since most of the increase in the federal deficit is due to bailing out the banks and salvaging the greater economy they helped destroy, why is the top investment bank doing so well?

Posted on Jul 14, 2009 READ MORE


Obama and Geithner
AP photo / Ron Edmonds

Cashing In on ‘Government Sachs’

We are so inured to tales of business corruption that even a devastating exposé in The Wall Street Journal no longer shocks us. The fact that the chairman of the New York Federal Reserve Bank made millions off his secret purchase of Goldman Sachs stock has barely registered a blip of outrage. 

Posted on May 5, 2009 READ MORE


TARP hearing
AP photo / Pablo Martinez Monsivais

Thievery Under the TARP

We are being robbed big-time, but you can’t say we haven’t been warned. Not after the release Tuesday of a scathing report by the Treasury Department’s special inspector general, who charged that the aptly named Troubled Asset Relief Program is rife with mismanagement and potential for fraud.

Posted on Apr 22, 2009 READ MORE


Bair
AP photo / Harry Hamburg

Courage Award Honors Two Women Who Warned Us

There has been much hand-wringing, not to mention finger-pointing, regarding who knew what, and when, about the financial calamities that have recently come to pass. However, Brooksley Born and Sheila Bair won’t be counted among the willfully or accidentally ignorant: They’ve been named this year’s winners of the JFK Profile in Courage Award for sounding the alarm far ahead of time.

Posted on Mar 28, 2009 READ MORE


geithner
AP photo / Pablo Martinez Monsivais

Runaway Wall Street

It is instructional that only one of the three tax-challenged Obama appointees has survived public scorn to claim a high position in the new administration. Oddly enough, it is Treasury Secretary Timothy Geithner, the man who will collect our taxes, whose career has not been stunted by his failure to pay them.

Posted on Feb 4, 2009 READ MORE


Obama
AP photo / Pablo Martinez Monsivais

Time Magazine Reveals Completely Unsurprising Award Choice

Here’s a news bite that could have written itself a few weeks, if not months, ago: Barack Obama is Time’s 2008 Person of the Year. Even the magazine’s editorial staff members knew that the choice would hardly shock anyone, but they allowed themselves to be swept along by the tides of history—or perhaps inevitability.

Posted on Dec 17, 2008 READ MORE


Summers and Obama
AP photo / Charles Dharapak

Obama Chooses Wall Street Over Main Street

Maybe Ralph Nader was right in predicting that the same Wall Street hustlers would have a lock on our government no matter which major party won the election. I hate to admit it, since it wasn’t that long ago that I heatedly challenged Nader in a debate on this very point.

Posted on Nov 25, 2008 READ MORE


Paulson

Paulson and Bernanke Grilled on the Bailout

On Tuesday, Treasury Secretary Henry Paulson and Federal Reserve Chairman Ben Bernanke faced a lineup of vexed, perplexed and otherwise agitated members of Congress, including Reps. Barney Frank, Ron Paul and Nydia Velazquez, all eager to ask some serious questions about the infamous bailout.

Posted on Nov 18, 2008 READ MORE


Paulson in negotiations
AP photo / Lauren Victoria Burke

Surprise! Paulson Sneaked $150B Bank ‘Windfall’ Into Bailout

Perhaps we should be more surprised than we are by the news that Treasury Secretary Henry Paulson and his DOT crew managed to sneak a handful of sentences into the approved bailout bill that amounted to a $150-billion “quiet windfall” for American banks, as The Washington Post put it.

Posted on Nov 10, 2008 READ MORE


Pelosi

Pelosi: ‘The Party Is Over’

Did Nancy Pelosi’s speech just before the House vote on the proposed bailout on Monday lead to the bill’s demise? Let’s hope our legislators aren’t so susceptible that an 11th-hour speech would reverse their positions vis-à-vis a $700-billion measure. Here’s a clip of the House speaker’s comments on the floor.

Posted on Sep 29, 2008 READ MORE


Catholic Worker protester
desmoinescatholicworker.org

Fueling the Fire of Real Change

The coals of radical social change smolder among the poor, the homeless and the destitute. As the numbers of disenfranchised dramatically increase, our hope, our only hope, is to connect intimately with the daily injustices visited upon them. Out of this contact we can resurrect, from the ground up, a social ethic, a new movement.

Posted on Sep 28, 2008 READ MORE


Gingrich
abcnews.go.com

Gingrich: Bailout Plan ‘Un-American’

Treasury Secretary Henry Paulson certainly has his Democratic detractors, but they aren’t the only ones who have some serious doubts about his controversial $700-billion bailout plan. In an appearance on ABC’s “This Week With George Stephanopolous” on Sunday, former House Speaker Newt Gingrich blasted Paulson’s plan, calling it “un-American” and even opining that Paulson should have resigned.

Posted on Sep 28, 2008 READ MORE


View the most popular tags overall?

Newsletter

sign up to get updates


 
 
Right 1, Site wide - BlogAds Premium
 
Right 2, Site wide - Blogads
 
Join the Liberal Blog Advertising Network
 
 
 
Right Skyscraper, Site Wide
 
Join the Liberal Blog Advertising Network
 

A Progressive Journal of News and Opinion   Publisher, Zuade Kaufman   Editor, Robert Scheer
© 2014 Truthdig, LLC. All rights reserved.