henry paulson
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Paulson Tipped Hedge Funds About Market Meltdown

Nov 29, 2011
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.

Access Journalism: The Movie

May 25, 2011
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. Perhaps the main value of the book and film is the instruction they provide on the limits of mainstream journalism in the decade that led up to the meltdown.

Financial Crisis Panel Names Names

Jan 28, 2011
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.

The Life and Times of Bush the Clueless

Nov 10, 2010
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.It takes a Harvard MBA to raze an economy. Perhaps that is too narrow a judgment given that a law degree from that institution or from Yale University seems to serve as well.

Obama Hires a Hustler

Oct 20, 2010
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.One day as Wall Street was crashing, President George W. Bush had the temerity to plaintively ask his treasury secretary, Henry Paulson: “How did this happen?”

Goldman Plays, We Pay

Apr 21, 2010
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 US history has one company wielded such destructive power over our political economy, irrespective of whether a Republican or a Democrat happened to be president.

SEC Slaps Goldman Sachs With Fraud Suit

Apr 16, 2010
In a move that may signal the beginning of the end of Goldman Sachs' golden era, the Securities and Exchange Commission filed a civil suit Friday against the banking behemoth, accusing the company of selling customers subprime mortgage derivatives (continued)In a move that may signal the beginning of the end of Goldman Sachs' golden era, the Securities and Exchange Commission filed a civil suit Friday against the banking behemoth.

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

Nov 5, 2009
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.