Charlie Rose - Henry Paulson

Henry Paulson, Former U.S. Treasury Secretary


www.charlierose.com

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[RAMKING61]

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?

[PigMine]

For 200 Million dollars I'd get a bit emotional too!

Nobody feels sorry for Hanky Panky.

[mobeck]

Hank Paulson's soul is twisted.

[EndTheFed59]

So interested in hearing Hitler's view on the holocaust...

Hey Hank, GO FUCK YOURSELF!

[humanzeeee]

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?

[jiveturkeyusa]

@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.

[kemchobhenchod]

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.

[MacBubbles]

@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]

@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.

[EternalIntelligence]

@guadalupejoe1 what are u talking about you uneducated idiot