Hank Paulson doing the perp walk? Be still my heart
As always, AIG and Goldman appear to be leading players. In this case, multiple federal investigations centering on just what happened with AIG.
Politics in the Zeros
"A republic, if you can keep it." Defeat MAGA
Politics in the Zeros
"A republic, if you can keep it." Defeat MAGA
Tag Hank Paulson
B of A CEO Ken Lewis as shark bait
There is blood in the water… that of Ken Lewis, and the sharks are all over it. The latest to join the dismemberment party of one Bank Of America Chief Executive Officer, is New York Representative, and Chairman of the…
Hank Paulson admits he never understood how mortgage-backed securities worked
Incompetence? Probably. Greed? Absolutely. Paulson made tens of millions off MBS. But given how deliberately opaque and complicated MBS are, it’s quite probable that few genuinely understood them. This is especially true when you get into the more exotic stuff…
Ken Lewis and Hank Paulson
Don Corleone: Here’s my proposal. Forget about the penny-ante money in heroin, gambling, and extortion. Let’s buy some banks instead. Then we can steal billions. Ken Lewis, CEO of BofA, says he was clubbed by Hank Paulson into buying Merrill.…