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bailout

"bailout" is currently a popular topic for Henry Paulson writers. We have "bailout" focused insightful blog posts, breaking news, fan favorite podcasts, online videos, rare photos, and more for you from our Henry Paulson collection.

Rate Treasury Secretary Henry Paulson urges quick action on $700 billi...

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Videos

May of 2009

 

Rate Video: Day two of bailout hearings

Original at AOL Video external link    Sun, May 31

Ben Bernanke and Henry Paulson take more heat during a second day of hearings on the $700 billion bailout plan. video.aol.com

Rate Video: Day two of bailout hearingsVideo included in this story.  Click to view.

Original at truveo.com external link    Thu, May 21

Ben Bernanke and Henry Paulson take more heat during a second day of hearings on the $700 billion bailout plan. www.truveo.com

Rate Video: CBS Evening News-House Hammers Paulson

Original at AOL Video external link    Sun, May 3

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Treasury Sec. Henry Paulson went before Congress to discuss the $700 billion bailout that went to the banks instead of bad mortgages. Jim Axelrod ... video.aol.com

Rate Video: Paulson urges swift passage of bailout

Original at AOL Video external link    Fri, May 1

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NECN: Washington, D.C.) - In a spirited presentation to the Senate Banking Committee, U.S. Treasury Secretary Henry Paulson told lawmakers that ... video.aol.com

Year 2009

 

Rate Video: Bush: 'Tough situation for America'

Original at AOL Video external link    Tue, Apr 14

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Nov. 24: President Bush and Treasury Secretary Henry Paulson address reporters after meeting to discuss the economy and the Citicorp bailout ... video.aol.com

Rate Video: Bailout Campaign Day 3: Paulson and Bernanke in the House

Original at Yahoo! Video external link    Tue, Mar 10

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Treasury Secretary Henry Paulson, Jr. and Federal Reserve Chair Ben Bernanke made another public appearance on the Hill but the tone and tenor of ... video.yahoo.com

Rate Video: Paulson Says Lehman Bailout Was Never an Option

Original at AOL Video external link    Mon, Mar 2

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Treasury Secretary Henry Paulson says the American people can remain confident in the soundness... 9/2008 AP video.aol.com

Rate Video: Henry Paulson on 'FOX News Sunday'

Original at AOL Video external link    Sun, Mar 1

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Treasury secretary describes government's bailout plan for Wall Street video.aol.com

Rate Video: Fannie Mae, Freddie Mac Bailout & Senate Housing B...Video included in this story.  Click to view.

Original at AOL Video external link    Wed, Feb 25

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Analysis by Henry Paulson, US Treasury Secretary; Analysis by Sen. Micth McConnell, (R) Minority Leader; Report and analysis by Lizzie O'Leary of ... video.aol.com

Rate Video: Double the Contempt and Return ItVideo included in this story.  Click to view.

Original at YouTube external link    Wed, Feb 4

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By rss@youtube.com (FeelFreeToArgue) Author: FeelFreeToArgue Keywords: Ella2007k Henry Paulson Ben Bernake Tim Geithner Barack Obama Citigroup Bank of America Bailout Ponzi Scheme bonuses performance fraud retroactive taxes class war corporate jets Added: February 4, 2009

Rate Video: White House WILL 'Create Crisis' and 'Panic' to Push Stimulus!Video included in this story.  Click to view.

Original at YouTube external link    Wed, Jan 28

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By rss@youtube.com (matrixxx123456789) Author: matrixxx123456789 Keywords: Obama stimulus crisis panic DeMint South Carolina Ron Paul Congress TARP Bailout Paulson Treasury Federal Reserve infowars New World Order Media Mainstream American People Constitution matrixxx123456789 Added: January 28, 2009

Rate Video: ABC 20/20 - bailout moneyVideo included in this story.  Click to view.

Original at YouTube external link    Wed, Dec 24

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By rss@youtube.com (newtestube) ABC 20/20 (12/19/08) give me a break - bailout money While the bailout money meant well, it is totally wasted when there is no accountability amount those who get the money Author: newtestube Keywords: ABC 20/20 2020 finance recession bailout money Henry Paulson Bush banks

Rate Video: Election not behind Freddie-Fannie bailout: Henry PaulsonVideo included in this story.  Click to view.

Original at Google Video external link    Thu, Nov 6

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Unknown length - 2008-11-07

Rate Video: Kashkari to Oversee BailoutVideo included in this story.  Click to view.

Original at Google Video external link    Sun, Oct 26

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Author: businessanalys Added: Thu, 09 Oct 2008 12:34:09 -0800 Duration: 231 EmploymentCrossing.com US Treasury Secretary Henry Paulson is expected to name Neel Kashkari, currently the Assistant Secretary for International Affairs in the Department of Treasury, as the interim hea...

Rate Video: Resucing the Economy - Neither Fair Nor EffectiveVideo included in this story.  Click to view.

Original at Google Video external link    Wed, Oct 22

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http://www.americanprogress.org/issues/2008/09/fair_nor_effective.htmlEd Paisley of the Center for American Progress shares his thoughts on the unprecedented economic bailout being planned by the federal government. Unless U.S. Treasury Secretary Henry Paulson’s first stab at...

Rate Video: Kashkari to Oversee BailoutVideo included in this story.  Click to view.

Original at Google Video external link    Wed, Oct 22

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EmploymentCrossing.comUS Treasury Secretary Henry Paulson is expected to name Neel Kashkari, currently the Assistant Secretary for International Affairs more...in the Department of Treasury, as the interim head for its new Office of Financial Stability. The OFS will oversee the $700-...

Rate Video: Alex Jones: Press TV International Pt5Video included in this story.  Click to view.

Original at YouTube external link    Sun, Oct 19

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By rss@youtube.com (civilian37) Keywords: infowars press TV Iran Alex Jones austin texas ENDGAME google it NORTH AMERICAN UNION NAU NORTHCOM Marshall Law Military Coup global financial crisis depression worldwide banker bailout Goldman Sachs looting Treasury Henry Paulson grand theft larceny trojan horse

Rate Video: Kids On The EconomyVideo included in this story.  Click to view.

Original at Google Video external link    Mon, Oct 13

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3 min - 2008-10-14 How do kids perceive the current economic crisis? Dave Price asks a few elementary students what they think about the bailout, Henry Paulson and the possibility of a recession.

Rate Video: Paulson Says Lehman Bailout Was Never an OptionVideo included in this story.  Click to view.

Original at YouTube external link    Mon, Sep 15

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By rss@youtube.com (AssociatedPress) Treasury Secretary Henry Paulson says the American people can remain confident in the "soundness and resilience in the American financial system." (Sept. 15) Author: AssociatedPress Keywords: paulson markets says lehman bailout option Added: September 15, 2008

Stories

Year 2009

 

Rate Huff TV: Arianna Talks About Bailout Anger On BBC's Newsnight

Original at Huffington Post external link    Sun, Oct 25

By Huff TV Arianna recently appeared on BBC's Newsnight to discuss the the economic crisis, the lack of reform, and the effects of the bailout on American society... Arianna recently appeared on BBC's Newsnight to discuss the the economic crisis, the lack of reform, and the effects of the bailout on A...

Rate Robert Scheer: Zooming In On the Year's Biggest Hoax

Original at Huffington Post external link    Wed, Oct 21

By Robert Scheer Under the headline "Bailout Helps Fuel a New Era of Wall Street Wealth," Times reporter Graham Bowley detailed many of the enabling favors that the government, under two presidents, extended to Goldman, like clearing the way for the company to issue bonds guaranteed by the FDIC. "It may c...

Rate September 20, 2008 (Saturday): A $700 Billion Rescue Plan; Debates Move Ahead

Original at Smartmoney.com external link    Sat, Sep 19

By letters@smartmoney.com (SmartMoney.com) I Want to Take You Higher Numbers are getting higher by the day when it comes to talk of a government bailout on the subprime crisis. The Bush administration lays out its plan, in three succinct pages, to bail out financial institutions. What it wants: $700 billion to buy up distressed mortga...

Rate September 19, 2008 (Friday): Mortgage Bailout Talks; Backstop for Money-Market Funds

Original at Smartmoney.com external link    Fri, Sep 18

The Distress Test After a horrific week on Wall Street, the question in Washington seems to be: Can what you don’t know not hurt you? With fears that the U.S. economy is at a precipice, Bush administration officials go to Congress and ask for carte blanche in buying billions of dollars in dist...

Rate September 18, 2008 (Thursday): Bailout Buzz; Cracking Down on the Shorts

Original at Smartmoney.com external link    Thu, Sep 17

By letters@smartmoney.com (SmartMoney.com) Huge Government Bailout Envisioned on Mortgages Remember the Resolution Trust Corporation? The RTC was the government entity created to buy up government group assembled to take over assets from failed savings and loans in the early 1990s. Now it could serve as a model for a government b...

Rate Gold Breakout, Real or Fake?

Original at The Market Oracle external link    Sun, Sep 6

continue to turn tax payer bailout cash into balance sheet profits having been aided by their ex CEO of and former Treasury Secretary Henry Paulson. ... and more »

Rate Capitalism: A Love Story -- Film Review

Original at Hollywood Reporter external link    Sun, Sep 6

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New Zealand Herald a "financial coup d'etat" run through Congress just before elections and engineered principally by Goldman Sachs and Henry Paulson. ... Michael Moore Slams Bailout of Wall Street, Wants 'Money Back'Bloomberg all 449 news articles »

Rate Bailout profit not adding up

Original at Toronto Star external link    Sun, Sep 6

Former US treasury secretary Henry Paulson bore the brunt of Main Street's hostility during protests against his bailout plans, Oct. 2, 2008. ... Prelude to a global financial disasterNational all 3 news articles »

Rate The Vices and Virtue of Goldman Sachs

Original at The MIT Tech external link    Thu, Sep 3

“As George Bush's last Treasury secretary, former Goldman CEO Henry Paulson was the architect of the bailout, a suspiciously self-serving plan to funnel ... and more »

Rate US govt profits from bailout banks

Original at Sky News Australia external link    Tue, Sep 1

Last September, Federal Reserve Chairman Ben Bernanke and then-Treasury Secretary Henry Paulson pressed congressional leaders for legislation authorising a ...

Rate Report: US makes $4 billion from bailout banks

Original at google.com external link    Sun, Aug 30

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Straits Times Last September, Federal Reserve Chairman Ben Bernanke and then-Treasury Secretary Henry Paulson pressed congressional leaders for legislation authorizing a ... Bank bailout: success comes with 'moral hazard'Atlanta Journal Constitution all 540 news articles »

Rate Big shot of the week: Lord Turner and the great bank bailout

Original at Times Online external link    Fri, Aug 28

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Five days earlier, the world banking system had come closer to collapse than at any time since the Great Depression after Henry Paulson, then US Treasury ... and more »

Rate The Bailout Bonanza

Original at newsweek.com external link    Fri, Aug 28

Rather, then–Treasury secretary Henry Paulson presented it as an opportunity for the taxpayer to profit by making investments in name-brand companies. ... Is TARP Profitable?The Big Money all 3 news articles »

Rate Dimon doesn't buy into bailout

Original at Chicago Tribune external link    Mon, Aug 24

He has kind words for former Treasury Secretary Henry Paulson, who in Dimon's view saved the day after Lehman Brothers collapsed. "He had to break some eggs ... Complete Q&A with Jamie DimonChicago Tribune all 14 news articles »

Rate Health care reform must start somewhere

Original at Sioux Falls Argus Leader external link    Sat, Aug 22

Then-Secretary of Treasury Henry Paulson testified before Congress that if Congress didn't approve a bailout for the financial industry within two weeks, ... and more »

Rate Misplaced Anger – Misplaced Patriotism

Original at RantRave external link    Fri, Aug 21

The difference between Bush's bailout and Obama's is that we will actually get something for what we spend with the stimulus plan. When Henry Paulson scared ...

Rate Organised greed steals the fruits of democracy

Original at busrep.co.za external link    Tue, Aug 11

Henry Paulson, the architect of the trillion-dollar bailout of the US financial system, is a former Goldman chief executive. Robert Rubin, Bill Clinton's ... and more »

Rate Did a Powerful Democratic Senator Use Inside Information for ...

Original at FOX News external link    Mon, Jun 15

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Washington Times Senator Dick Durbin's financial disclosure statements show that one day after he and fellow congressional leaders were urged by then-Treasury Secretary Henry Paulson and Federal Reserve Chairman Ben Bernanke to craft bank-bailout legislation, ...

Rate Obama Administration = Waste, Corruption, Corporate Welfare

Original at Opposing Views external link    Mon, Jun 15

 CA He points out that the Administration's current claim that it can use TARP bank-bailout money for an auto bailout is at odds with the Treasury Department's past admissions to the contrary: “Last September, Treasury Secretary Henry Paulson testified to ...

Rate Six Flags Amusement Parks Bankrupt - Mr. Six On Suicide Watch - The Spoof

Original at The Spoof external link    Sun, Jun 14

satire), UK Their mascot, Mr. Six, a tall, breakdancing, old bald geezer, who bears a striking resemblance to Bush bailout guru, Henry Paulson, is currently on suicide watch in an undisclosed though heavily padded location. "If there is a face to be put on this ...

Rate More Government Waste, Corruption, and Corporate Welfare, Thanks ...

Original at Examiner.com external link    Sun, Jun 14

He points out that the Administration's current claim that it can use TARP bank-bailout money for an auto bailout is at odds with the Treasury Department's past admissions to the contrary: “Last September, Treasury Secretary Henry Paulson testified to ...

Rate Elizabeth Warren: Riding Herd on the Bailout

Original at TIME external link    Sat, Jun 13

Her relationship with Treasury has been rocky. She got into a low-level war with former Treasury Secretary Henry Paulson and his staff over their perceived unwillingness to share information, and she had a shaky start with Geithner, who didn't seem to ...

Rate GEORGE WILL COLUMN: Courts must end feds' blatant, illegal 'taking'

Original at grandforksherald.com external link    Fri, Jun 12

 ND The Supreme Court has said nothing about “bailout law,” a phrase that currently is an oxymoron. America as Bailout Nation is governed by unconstrained executive discretion. Last year, Treasury Secretary Henry Paulson testified that TARP money was ...

Rate Bailout overseer: Bank repayments sign of progressVideo included in this story.  Click to view.

Original at google.com external link    Wed, Jun 10

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But at the same time, Warren said in an interview on CBS's "The Early Show," that then-Treasury Secretary Henry Paulson last year erroneously proclaimed banks to be stable when the government initially put some $350 billion into these institutions. ...

Rate A Policeman for Executive Pay

Original at The Washington Independent external link    Fri, Jun 5

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PRESS TV  DC A brief history: Both the Bush and Obama administrations have been extremely lenient about limiting executive compensation for firms accepting bailout cash. The original bailout bill, unveiled by then-Treasury Secretary Henry Paulson in September, ...

Rate Little Green Automobiles

Original at thebulletin.us external link    Mon, Jun 1

 PA Regarding the banks, Mr. Cheney said the bailout work was done over at the Treasury (under Henry Paulson) and that no critical studies were performed by the White House. Cheney himself opposed the GM bailout, preferring Chapter 11 bankruptcy. ...

Rate Behind The Scenes Of The Bailout

Original at Alibaba News Channel external link    Sun, May 31

 NEW YORK The government official in the eye of that storm was Neel Kashkari, a former investment banker from Goldman Sachs, who had followed his previous boss, Henry Paulson, into the Treasury Department. Kashkari was responsible for building a team to oversee ...

Rate Treasury Sec. Paulson at Senate Banking HearingVideo included in this story.  Click to view.

Original at it.truveo.com external link    Tue, May 26

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Witnesses at the Senate Banking hearing on Pres. Bush's financial bailout plan included: Treasury Sec. Henry Paulson; Fed. Reserve Chairman Ben ... it.truveo.com

Rate Further Commotion at AIG

Original at Housing Wire external link    Fri, May 22

Liddy stepped into his position as CEO in September, at the request of previous Treasury Secretary Henry Paulson, when the company turned over a majority of its stake in exchange for a federal bailout. At the time, Liddy vocalized the arrangement was ...

Rate Paulson and Bernanke: Indictment Time?

Original at The Market Ticker external link    Wed, Apr 22

By nospam@example.com (Karl Denninger) Federal Reserve Chairman Ben Bernanke and then-Treasury Department chief Henry Paulson pressured Bank of America Corp. to not discuss its increasingly troubled plan to buy Merrill Lynch & Co. -- a deal that later triggered a government bailout of BofA -- according to testimony by Ke...

Rate Hitting Obama's MO, but what about the global banking fascism ...

Original at renewamerica.us external link    Thu, Apr 2

 DC Do you think Mr. Rove may have a clue about such things as the "lost" billions, unaccountably missing in the bank bailout, under that extraordinarily frequent visitor of Communist China, Henry Paulson, the Tyrant of TARP and Bush's Secretary of the ...

Rate FLASH: AIG CALLED CRIMINAL SCAM!

Original at The Market Ticker external link    Wed, Apr 1

By nospam@example.com (Karl Denninger) Thank you Timmy, thank you Ben Bernanke, thank you Henry Paulson, thank you George Bush and thank you President Obama. Distilled to one sentence: The bailout of AIG is equivalent to the US Taxpayer bailing out Madoff's admitted (and now convicted) Ponzi Scheme.

Rate AIG bailout: plunder by the plutocracy

Original at network.nationalpost.com external link    Thu, Mar 19

“For the answer to this question, we need to go back to the very first decision to bail out AIG, made, we are told, by then-Treasury Secretary Henry Paulson, then-New York Fed official Timothy Geithner [now Treasury Secretary], Goldman Sachs CEO Lloyd ...

Rate Fed Refuses To Release Bank Data, Insists On Secrecy

Original at thebulletin.us external link    Wed, Mar 11

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Fed Chairman Ben S. Bernanke and then Treasury Secretary Henry Paulson said in September they would meet congressional demands for transparency in a $700 billion bailout of the banking system. Banks oppose any release of information because that might ...

Rate Obama administration policies not American

Original at renewamerica.us external link    Sun, Mar 8

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It's just huge," he says, while acknowledging that it all started with the Bush White House's $700 billion bailout. Moreover, it involved "kind of a conspiracy" between then-Treasury Secretary Henry Paulson and his (soon-to-be) successor Timothy ...

Rate Alec Baldwin: Enough with the "First Hundred Days"

Original at Huffington Post external link    Fri, Feb 6

By Alec Baldwin Two is that Henry Paulson needs to spend at least the rest of 2009 in front of Congressional committees investigating how he spent the TARP money. Paulson is to TARP what Colin Powell is to Iraq. Paulson put his name and reputation on the line to advocate for the bailout. A lot of that money went t...

Rate Podcast: "Workers Laid Off, Executives Paid Off, Bernard Madoff"

Original at Democracy Now external link    Wed, Dec 17

Read the fine print. Of the TARP bailout funds to be disbursed, only those that were technically spent “in an auction” would carry limits on executive pay. But Treasury Secretary Henry Paulson and his former Goldman Sachs colleague Neel Kashkari (yes, pronounced “cash carry"), who is run...

Rate Consequences of the Bailout by Richard W. Rahn

Original at Cato Recent Op external link    Sat, Dec 13

How much thought do you think Treasury Secretary Henry Paulson, Federal Reserve Chairman Ben Bernanke, and the members of the U.S. Congress gave to the damage that their economic policies would do to Lithuania and the new free-market democracies in Eastern Europe? The correct answer is p...

Rate Ohio's leaders ask White House to speed bailout

Original at Toledo Blade external link    Sat, Dec 13

Mr. Brown said Treasury Secretary Henry Paulson has acknowledged he has the power to use the $700 billion economic stabilization fund to aid the car companies. He said he was not referring to Republican members of the House of Representatives from Ohio, such as Rep. Bob Latta (R., Bowling Gre...

Rate Corporations take bailout money ... and run overseas

Original at Facing South external link    Wed, Dec 3

By Chris Kromm Now comes the news that an arm of Citigroup agreed to pay $10 billion to buy a Spanish toll road operator called Itinere Infraestructuras SA. Funny, I don't recall Treasury Secretary Henry Paulson mentioning that the taxpayers were bailing out Citi so that it could speculate in the foreig...

Rate Editorial: Private student lenders: No bailout

Original at Sacramento Bee external link    Wed, Nov 26

When Treasury Secretary Henry Paulson announced that he wanted to extend $60 billion of the $700 billion rescue package to non-bank credit card and auto loan firms, this page called it "an irredeemably bad idea." We urged Congress to stop this idea before it went any further.

Rate Morning Brief: Et tu, Citigroup?

Original at Foreign Policy external link    Mon, Nov 24

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By Blake Hounshell Meanwhile, Treasury Secretary Henry Paulson is said to be considering tapping the remaining $350 billion in congressionally approved bailout funds and possibly even designing a new program to address foreclosures. And Democrats are now talking about a stimulus plan that could be as b...

Rate Paulson: National City properly denied money

Original at Toledo Blade external link    Tue, Nov 18

Challenged on the issue Tuesday by U.S. Rep. Steven C. LaTourette at a Capitol Hill hearing on the bailout, Paulson said he felt the right decision had been made in collaboration with Comptroller of the Currency John Dugan, National City's primary regulator. "I have great confidence in John D...

Rate The Fed Supports Lying With Your Money

Original at The Market Ticker external link    Mon, Nov 17

By nospam@example.com (Karl Denninger) Trillions of dollars off-balance-sheet? WASHINGTON — U.S. Sen. Jim Inhofe said Saturday that Congress was not told the truth about the bailout of the nation's financial system and should take back what is left of the $700 billion "blank check'' it gave the Bush administration.

Rate Firms Line Up Like Pigs to TARP Trough (Tradecraft)

Original at Smartmoney.com external link    Sun, Nov 16

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Like pigs at the trough, banks are lining up for the billions of dollars made available to them under the government's Troubled Asset Relief Program (TARP). Originally conceived as a mechanism to purchase toxic mortgage assets, bailout czar Henry Paulson announced last week he's offic...

Rate About that bailout....

Original at Northwest Progressive Institute Official Blog external link    Thu, Nov 13

By Andrew(noreply@blogger.com) Many new supplicants are lining up for an infusion of capital as billions of dollars are channeled to other beneficiaries like the American International Group, and possibly soon American Express. Then again, I never thought we'd see a Democratic Congress hand over hundreds of billion...

Rate Nancy Pelosi, Harry Reid Want Henry Paulson To Use Bailout Money For Auto Industry

Original at Say Anything external link    Sun, Nov 9

The letter increases pressure on the administration of George W. Bush to take action as he prepares to hand power to president-elect Barack Obama on Jan. 20. Obama said yesterday that policy options to help the industry will be a “high priority” for his transition team.

Rate Leo W. Gerard: Paulson Deal Cheats American Taxpayers

Original at Huffington Post external link    Thu, Oct 30

By Leo W. Gerard Paulson cheated American taxpayers with his initial expenditure from that $700 billion Wall Street bailout fund -- the $125 billion he gave to nine financial institutions. Now Paulson is no rube. He's a former Goldman Sachs CEO, who has surrounded himself with former Goldman Sachs execu...

Rate Government’s Plan to Invest Billions in Banks

Original at ABC News external link    Tue, Oct 28

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By Scott Mayerowitz ’ Kirit Radia reports: Treasury Secretary Henry Paulson this morning provided the latest details of the government’s $700 billion bailout plan. The government is going to offer $250 billion to U.S. banks, which, as an industry, have been hammered...

Rate Morning Brief: The road to recovery?

Original at Foreign Policy external link    Tue, Oct 21

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By Blake Hounshell Meanwhile, Japan and France announced new bailout measures, and Pakistan and Iceland turned to the IMF for aid. The U.S. Treasury Department is said to be encouraging more mergers in the banking sector. Americas Asia Europe U.S. Treasury Secretary Henry Paulson speaks on China.

Rate Toward a better bailout

Original at Toledo Blade external link    Tue, Oct 21

An angry populace is coming to realize that their wallets have been emptied of a big chunk of their wealth by unwise borrowers, heedless lenders, greedy manipulators, and a government philosophy of nonregulation that not only made the con job possible, but glorified it as healthy free e...

Rate 'Crash-and-burn economy?' 'Bailout beer bust?' What should we call America's economic disaster?

Original at BloggingStocks external link    Sun, Oct 12

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By Bruce Watson In this spirit, the time has come to put a name on the economy's current crisis. As some talking heads have already noted, the Bush administration made a major mistake by allowing the term "bailout" to define the government's response to the economic meltdown. John McCain proposed the term...

Rate Well, There's Good News And Bad News...

Original at Daily Kos external link    Fri, Oct 10

By Hunter Last month, when he defended his bailout plan before Congress, Treasury Secretary Henry Paulson was reluctant to have the government take an ownership stake in the banks that taxpayers are going to rescue. It came as a relief on Wednesday when he executed an about-face and said that the Tr...

Rate The Anti-Bailout Bozos

Original at New York Observer external link    Tue, Sep 30

It’s time to hear more from New York’s formidable U.S. senators. Charles Schumer and Hillary Clinton certainly have not been idle, but their voices have not been heard often enough as Washington considers the fate of New York City’s most important industry, the financial sector. They need t...

Rate Opinion: Call the G.O.P.’s Bailout Bluff

Original at New York Observer external link    Tue, Sep 30

By Joe Conason The failure to pass bailout legislation reflected a political system as bereft of confidence as the financial markets. President George W. Bush and Treasury Secretary Henry Paulson had no credibility to match the arrogance of their initial demand for absolute power in distributing $70...

Rate Blogger Poll: 71% Against Bailout -- Rusty now for it

Original at The Jawa Report external link    Tue, Sep 30

I'm sure that Obama and the Democrats would have cited such reassurances as proof that the Republicans are "out of touch" with "reality". But if I might paraphrase John McCain: I'd rather lose an election than see America in a severe recession.

Rate Morning Brief: Time to bail out the bailout?

Original at Foreign Policy external link    Tue, Sep 30

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By Blake Hounshell The bill, despite intense lobbying by President George W. Bush and Treasury Secretary Henry Paulson, lost on a 228-205 vote as rank-and-file members in each party -- primarily Republicans -- broke with their leadership to oppose it on ideological grounds.

Rate The Morning Read: September 30, 2008

Original at New York Observer external link    Tue, Sep 30

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By Azi Paybarah There are "few options" left to Henry Paulson and Ben Bernanke, reports the Washington Post. Congress members in the capital region are split on the bailout. Republicans upstate continue to make an issue of Democrats who have received donations from Charlie Rangel.

Rate Harry Shearer: The Failure of "Because I Say So"

Original at Huffington Post external link    Tue, Sep 30

By Harry Shearer It's easy for Americans to look at President Bush--he of the 935 lies in the Iraq war runup--and Henry Paulson, the Goldman Sachs-bred Treasury Secretary--and say, "prove it" regarding the dire predictions of doom if a bailout doesn't occur. As an American typically ignorant of the arca...

Rate Candidates parry over bailout

Original at Albany Times Union external link    Mon, Sep 29

Obama, however, has spoken frequently by phone with congressional leaders and Treasury Secretary Henry Paulson since the talks began, and he and McCain traveled to the White House last week at the President's request to discuss the bailout.

Rate U.S. House rejects bailout plan in bipartisan vote, Clerk's website inaccessible

Original at Northwest Progressive Institute Official Blog external link    Mon, Sep 29

By Andrew(noreply@blogger.com) The United States House has just voted to reject the Bush administration's bailout compromise plan, supported by Treasury Secretary Henry Paulson, the Democratic leadership, and the Republican leadership: In a moment of historic drama in the Capitol and on Wall Street, the House of R...

Rate Bailout expected to pass

Original at Salon external link    Mon, Sep 29

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By Thomas Schaller The Wall Street Journal’s Gordon Crovitz notes that, a century ago, in 1907, J.P. Morgan did a better job all by himself supervising a similar credit crunch than Henry Paulson and Ben Bernacke have today, and in part because the books for the financial institutions then were more open...

Rate Morning Brief: Congressional leaders agree to bailout plan

Original at Foreign Policy external link    Mon, Sep 29

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By Blake Hounshell We sent a message to Wall Street - the party is over," declared House Speaker Nancy Pelosi. "If we don't pass it, we shouldn't be a Congress," added New Hampshire Republican Sen. Judd Gregg. Both John McCain and Barack Obama have offered tepid, carefully hedged support for the bailout plan.

Rate Bailout talks go well, then enters McCain

Original at Albany Times Union external link    Mon, Sep 29

Thus far, an objective observer would have to say that Congress has behaved well in the days since Treasury Secretary Henry Paulson delivered a three-page ransom note that said, and I paraphrase, "Give me $700 billion, or I'd hate to see anything bad happen to that nice economy of yours."

Rate BAILOUT -- Part 1, What Crisis?

Original at TPMCafe external link    Sun, Sep 28

By David Cay Johnston For a week now I have been urging fellow journalists to be skeptical of the assertion that we have a huge crisis and, secondly, that the bailout proposed by Treasury Secretary Henry Paulson (the former CEO of Goldman Sachs) is the ONLY solution.

Rate Pressure mounts to seal financial bailout

Original at The Reporter external link    Sun, Sep 28

WASHINGTON Nervously eyeing the markets next trading session, key lawmakers in both parties and Treasury Secretary Henry Paulson worked late into the night Saturday trying to close an agreement on a multibillion-dollar government bailout of financial companies. House Speaker Nanc...

Rate Congress races clock for a bailout deal

Original at Albany Times Union external link    Sun, Sep 28

President Bush, seeking swift action, sent Treasury Secretary Henry Paulson back to the Capitol, where lawmakers were working through the weekend.Presidential politics again played a role in the bargaining. Republican John McCain and Democrat Barack Obama called key negotiators an...

Rate AIG's woes telegraphed to U.S. Treasury, Fed need for bailout/rescue plan

Original at BloggingStocks external link    Sat, Sep 27

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By Joseph Lazzaro While numerous economic, regulatory, and behavioral factors created the conditions that formed the basis for the crisis, economist Richard Felson told BloggingStocks that the imminent failure of insurance giant American International Group (NYSE: AIG), in his view, "was the flas...

Additional Photos

Rate Mr Paulson says he is happy with the progress made so far.

Rate Markets slump before US Congress bailout vote

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Rate Treasury Secretary Henry Paulson speaks at the World Affairs Coun...

Rate Katie Falkenberg / The Washington Times U.S. President George W. ...

Rate Treasury Secretary Henry Paulson and Federal Reserve Chairman Ben...

Rate Treasury Secretary Henry Paulson, left, and Federal Reserve Chair...

Rate U.S. House Speaker Nancy Pelosi leaves after a meeting with Treas...

Rate Treasury Secretary Henry Paulson updates the press on the status ...

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