Hank Paulson was the CEO of Goldman Sachs before he became Treasury Secretary. Some say Hank Paulson took the Treasury Sec job to avoid taxes on the $500 million Goldman stock that he had. AIG was bailed out to cover credit default swaps that Goldman Sachs and other gamblers bought from AIG at a fraction of the payoff they received from the bailout. A credit default swap is a bet that the housing market will crash. RICO; anyone heard of it?
Hank Paulson was the CEO of Goldman Sachs before he became Treasury Secretary. Some say Hank Paulson took the Treasury Sec job to avoid taxes on the $500 million Goldman stock that he had. AIG was bailed out to cover credit default swaps that Goldman Sachs and other gamblers bought from AIG at a fraction of the payoff they received from the bailout. A credit default swap is a bet that the housing market will crash. RICO; anyone heard of it?
Hank Paulson was the CEO of Goldman Sachs before he became Treasury Secretary. Some say Hank Paulson took the Treasury Sec job to avoid taxes on the $500 million Goldman stock that he had. AIG was bailed out to cover credit default swaps that Goldman Sachs and other gamblers bought from AIG at a fraction of the payoff they received from the bailout. A credit default swap is a bet that the housing market will crash. RICO; anyone heard of it?
Maybe if instead of praying he had had paid place tighter controls on bailout funds then we could have put some of this fire out before it turned into an inferno.
They thought the investment banking industry was going to collapse like dominoes. Other industries/companies pay their employees & finances their operations based upon getting financing from that industry. Regardless of the countless mistakes that were made, the collapse of a bank/industry does NOT happen in a vacuum. When a major bank/company collapses, thousands of jobs are wiped-out. Btw, Lehman was forced into bankruptcy, not rescued -- so it's pointless to shout fascism.
The role of the Treasury Secretary is to be an advisor and a policy maker. Essentially, they're tasked with the responsibility of setting policies to stabilize the economy. Love him or hate him, Paulson believed that he was doing what he presumed his job was at the time. I see irony in coining the "free market" card when most people fault deregulation/non-intervention as one of the primary contributors to the whole economic mess (i.e., along with faulty lending).
@MacBubbles Apparently the job of the Treasury Secretary is to make as much profit as possible for Goldman Sachs executives and insiders. Wasn't Hank Paulson the CEO of Goldman Sachs before he took the Treasury Sec job? Some even say he took that Treasury Sec job to avoid taxes on his $500 million in Goldman Sachs stock he had to sell. Even further, he pushed the AIG bailout and you will find that Goldman Sachs was, along with some foregeign banks, the largest benificiary of the AIG bailout.
The most fundamental question of all: What is the underlying law of nature.
As the way of all things, what effect do you suppose its question, knowledge, understanding and application by billions of persons would have on the state of global economics, science, the humanities, education, government and business?
charlie rose is quite clearly a platform for political spin and advertising worthless publications. it has lost all the journalistic integrity it once had.
the guilty always have a need for confessional books and repair their image to ease their pain,,,,,,,,,they are worried about their legacy,,,,,his legacy is wriiten in brimstone.
He will be indicted and convicted. Watch the Ken Lewis story.
This is just the feel-good story to make a favorable impact on the future jury pool.
This guy presided over the biggest theft in world history.
There is no too-big-to-fail. It is just a cover story for people who don't know a thing about finance. And that is unfortunately 99% of the population.
Plus he paid no taxes for those $200m because you don't have to under current laws when you become an official and have to sell your stock to avoid conflicts of interest.
what a twisted world we live in. people of his responsibility still praying to deities to solve their fucking problems no wonder were fucked as a species.
Rescuing those poor Lehman Bros - Boo-hooh, my heart aches. Those poor, massively overpaid, greedy as hell, criminally negligent, ridiculously wealthy sods. How have your prayers worked for the american consumer so far, Paulson? You idiot. Rose should be booted up the ass for these unbelievably soft-ball questions. You're a sap Rose. Take your Goldman-Sachs paycheck and retire, fool.
most convincing pity story....except this was pulled off the shelf when it looked like a change in administration was coming... otherwise they could have just kept on playing with their funny money....
Hank Paulson's soul is twisted.
mobeck 1 month ago
So interested in hearing Hitler's view on the holocaust...
Hey Hank, GO FUCK YOURSELF!
EndTheFed59 3 months ago
This has been flagged as spam show
Hank Paulson was the CEO of Goldman Sachs before he became Treasury Secretary. Some say Hank Paulson took the Treasury Sec job to avoid taxes on the $500 million Goldman stock that he had. AIG was bailed out to cover credit default swaps that Goldman Sachs and other gamblers bought from AIG at a fraction of the payoff they received from the bailout. A credit default swap is a bet that the housing market will crash. RICO; anyone heard of it?
humanzeeee 6 months ago
This has been flagged as spam show
Hank Paulson was the CEO of Goldman Sachs before he became Treasury Secretary. Some say Hank Paulson took the Treasury Sec job to avoid taxes on the $500 million Goldman stock that he had. AIG was bailed out to cover credit default swaps that Goldman Sachs and other gamblers bought from AIG at a fraction of the payoff they received from the bailout. A credit default swap is a bet that the housing market will crash. RICO; anyone heard of it?
humanzeeee 6 months ago
Hank Paulson was the CEO of Goldman Sachs before he became Treasury Secretary. Some say Hank Paulson took the Treasury Sec job to avoid taxes on the $500 million Goldman stock that he had. AIG was bailed out to cover credit default swaps that Goldman Sachs and other gamblers bought from AIG at a fraction of the payoff they received from the bailout. A credit default swap is a bet that the housing market will crash. RICO; anyone heard of it?
humanzeeee 6 months ago
Maybe if instead of praying he had had paid place tighter controls on bailout funds then we could have put some of this fire out before it turned into an inferno.
kemchobhenchod 7 months ago
sounds like smoking 60 marlboros a day....
mindfield666 1 year ago
Why did they need to "rescue" Lehman Brothers? This is not a free market! This is FASCISM!
jiveturkeyusa 1 year ago 2
@jiveturkeyusa
They thought the investment banking industry was going to collapse like dominoes. Other industries/companies pay their employees & finances their operations based upon getting financing from that industry. Regardless of the countless mistakes that were made, the collapse of a bank/industry does NOT happen in a vacuum. When a major bank/company collapses, thousands of jobs are wiped-out. Btw, Lehman was forced into bankruptcy, not rescued -- so it's pointless to shout fascism.
MacBubbles 8 months ago
@jiveturkeyusa
The role of the Treasury Secretary is to be an advisor and a policy maker. Essentially, they're tasked with the responsibility of setting policies to stabilize the economy. Love him or hate him, Paulson believed that he was doing what he presumed his job was at the time. I see irony in coining the "free market" card when most people fault deregulation/non-intervention as one of the primary contributors to the whole economic mess (i.e., along with faulty lending).
MacBubbles 8 months ago
@MacBubbles Apparently the job of the Treasury Secretary is to make as much profit as possible for Goldman Sachs executives and insiders. Wasn't Hank Paulson the CEO of Goldman Sachs before he took the Treasury Sec job? Some even say he took that Treasury Sec job to avoid taxes on his $500 million in Goldman Sachs stock he had to sell. Even further, he pushed the AIG bailout and you will find that Goldman Sachs was, along with some foregeign banks, the largest benificiary of the AIG bailout.
jiveturkeyusa 6 months ago
This has been flagged as spam show
The most fundamental question of all: What is the underlying law of nature.
As the way of all things, what effect do you suppose its question, knowledge, understanding and application by billions of persons would have on the state of global economics, science, the humanities, education, government and business?
TedDGPoulos 1 year ago
This has been flagged as spam show
His name was Robert Poulson... (chant) His name was robert Poulson, His name was... this from the cult movie "Fight Club"
Urbanheckler 2 years ago
charlie rose is quite clearly a platform for political spin and advertising worthless publications. it has lost all the journalistic integrity it once had.
manonthemount 2 years ago
He should sing the blues. Not doing whatever the fuck he is doing now
olemunati 2 years ago
the guilty always have a need for confessional books and repair their image to ease their pain,,,,,,,,,they are worried about their legacy,,,,,his legacy is wriiten in brimstone.
ERROLCUSTERFLYNN4EVR 2 years ago 3
I just lost all respect for Charlie.
jchien 2 years ago
Mmmm. Someone has to tell the story. Rose is a smart person
DavidAKZ 2 years ago 2
His name was Robert Poulson... (chant) His name was robert Poulson, His name was...
garygoodbloke 2 years ago 4
Another NWO Illuminist.....he is owned by the zionist Illuminati.... check him out on internet info tools..
these guys are socialists and satanists....and their agenda is world eugenics and world communism run by the Illuminati...totalitarianism...
rose may be one of them as well..
guadalupejoe1 2 years ago
@guadalupejoe1 what are u talking about you uneducated idiot
EternalIntelligence 11 months ago
He will be indicted and convicted. Watch the Ken Lewis story.
This is just the feel-good story to make a favorable impact on the future jury pool.
This guy presided over the biggest theft in world history.
There is no too-big-to-fail. It is just a cover story for people who don't know a thing about finance. And that is unfortunately 99% of the population.
jaybaybaker 2 years ago
For 200 Million dollars I'd get a bit emotional too!
Nobody feels sorry for Hanky Panky.
PigMine 2 years ago 8
Plus he paid no taxes for those $200m because you don't have to under current laws when you become an official and have to sell your stock to avoid conflicts of interest.
Elegant solution to dodge taxes.
jaybaybaker 2 years ago 2
It's actually closer to $700m according to Forbes com.
/2006/06/01/paulson-tax-loophole-cx_jh_0602paultax.html
jaybaybaker 2 years ago
what a twisted world we live in. people of his responsibility still praying to deities to solve their fucking problems no wonder were fucked as a species.
jmeiskues 2 years ago
icon- PAULSON PRAYING HA HA HA HA; YEAH RIGHT.
LOOK AT THIS GUY DOES HE LOOKS LIKE HE PRAYS HA HA HA HA HA HA
A WALLSTREET MONEY MAN AND PRAYER DOES NOT GO TOGETHER; TRUST ME.
iratetruth 2 years ago
Rescuing those poor Lehman Bros - Boo-hooh, my heart aches. Those poor, massively overpaid, greedy as hell, criminally negligent, ridiculously wealthy sods. How have your prayers worked for the american consumer so far, Paulson? You idiot. Rose should be booted up the ass for these unbelievably soft-ball questions. You're a sap Rose. Take your Goldman-Sachs paycheck and retire, fool.
OccamsView 2 years ago 2
Charlie is becoming the bankster's softball pitcher. He lobbed underhanded to Geithner and Kashkari, too.
Why don't you just retire after getting your next 'Goldman' check, Charlie?
RAMKING61 2 years ago 9
Comment removed
RAMKING61 2 years ago
most convincing pity story....except this was pulled off the shelf when it looked like a change in administration was coming... otherwise they could have just kept on playing with their funny money....
cityshots 2 years ago 3