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Chrysler and Cerberus

…has used its wealth and deep connections in Washington to shape the debate over the foundering automakers to its advantage. In recent weeks, Mr. Snow has personally lobbied Mr. Paulson

The Smartest Morons in the Room

…like Fastow and Paulson really have little actual intelligence at all. They may have benefited from connections, and they may know some arcane subject pretty well, but clearly they cannot…

The Bail-Out Will Not Work

…to make more elixir. It has occurred to Paulson, however, that if the elixir is simply repackaged, it may not sell. (You don’t become Chief Elixir Salesman for nothing.) It…

English translation, or Kleptocracy Defined

…of that financial asset. Save Wall Street with Main Street’s tax monies. I give up. Yves Smith’s old description of Paulson’s “Mussolini-Style Corporatism in Action” seems so quaint by comparison…

There’s a reason Pimco hired the last leader away

…positions worth nearly $2.9 billion, highly concentrated in popped macroeconomic bubble plays. We now have the title of the book about Henry Paulson’s time at Treasury: Popped Macroeconomic Bubble Plays….

Recovery vehicle? Who knows.

…years ago. It was unsustainable form the start. The only question was how long will it last. I laughed out loud yesterday when I heard an NPR interview with Paulson

The WSJ Editorial Page Talks, the Market Listens

…below the level when the editorial was written], bought into the Obama rumor, and has been selling some gains on the Obama fact and the Fed easing and Hank Paulson’s…

Fox News Warns

…also on Fox: Treasury’s Top Deputies to Stay for Presidential Transition Treasury Sectreary Hank Paulson’s top deputies have agreed to remain in their jobs through Jan. 20. ___________________________ by cactus…

Who is Neel Kashkari?

…the Treasury Department in July 2006 as Senior Advisor to U.S. Treasury Secretary Henry M. Paulson, Jr. In that role, he was responsible for developing the President’s Twenty in Ten…

So Why Did we Give SunTrust "bailout buying" money?

…Billion is supposed to do, other than line the pockets of Hank Paulson’s friends. *See “my” novel Atlanta Nights for details. Or, as a better idea, just check a map….