X-Nico

3 unusual facts about Henry Paulson


Great Recession in the United States

On September 17, 2008, Federal Reserve chairman Ben Bernanke advised Secretary of the Treasury Henry Paulson that a large amount of public money would be needed to stabilize the financial system.

Senior Dialogue

However, Treasury Secretary Henry Paulson believes in pursuing a less confrontational and non-protectionist approach.

Shirley Franklin

Franklin, Philadelphia's Michael Nutter and Phil Gordon of Phoenix lobbied Treasury Secretary Henry Paulson in a joint letter asking for a share of the proposed $700 billion bailout.


Investment banking

A number of former Goldman-Sachs top executives, such as Henry Paulson and Ed Liddy were in high-level positions in government and oversaw the controversial taxpayer-funded bank bailout.


see also