The United States and China in the 21st Century
…Albright ’59 and Former Secretary of the Treasury Henry “Hank” Paulson share the stage to discuss U.S.-China relations and the importance of that relationship to global politics. Cokie Roberts ’64,…
…Albright ’59 and Former Secretary of the Treasury Henry “Hank” Paulson share the stage to discuss U.S.-China relations and the importance of that relationship to global politics. Cokie Roberts ’64,…
…Summers, Paulson and the rest of the DC crowd that pays too much credence to what bankers say and not enough to what ordinary Americans think. So that is one…
…personal income going to taxes is down and the bail-out is basically an extension of Paulson’s bazooka. In four years, four long years, Obama hasn’t managed to figure out a…
…guarantee. Remember, the size of the MBS problem was, at the time un-knowable, Hank Paulson’s bazooka had $700 billion in it, was rapidly being seen as inadequate to the task,…
…customers (think Goldman Sachs and John Paulson constructing synthetic CDOs sure to blow up, and betting against Goldman’s customers who bought them); and b) engage in regulatory arbitrage (evade rules,…
…of two back-to-back posts I wrote in 2008: The Cactus Bail-Out Plan: Cheaper, Better, Faster One of the goals of Paulson’s Bad Joke seems to be to deal with “counterparty…
…pockets the risk premia ? Sure it does. Wouldn’t that be public ownership of the means of production, that is socialism ? Yes. Am I saying that Bernanke and Paulson…
…named John Paulson who has been in the news a bit lately. Andrew Lahde and Michael Burry are two others. Weisberg’s claim “not have said, “sell the AAA-rated CDOs.” Nor…
…were really really low (that’s why John Paulson could make so much money off his short). Irrational bets on the long or short don’t do anything except increase volatility and…
…RMBS default risk which can be completely hedged with only non-synthetic CDOs. Basically ACA had to know that their counterparties were someone like Paulson. Now there was fraud all right….