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Henry Paulson


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Fed and U.S. Treasury Betting on Banking Mojo

Kevin Warsh laid out much of the bad economic news as a result of the banking, finance and mortgage failure of the last year at the U.S. Department of the Treasury Press Conference. The Fed Governor spoke to Henry Paulson and bank supers, as poetic as a banker could be where innovation was concerned. It [...]

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Global Research: The Real State of the US Economy (verbena-19)

This is a brutally honest, sobering piece on the US economy, which your government or the mainstream media definitely won’t tell you: When Henry Paulson agreed to leave his job as chairman of the powerful Wall Street investment bank, Goldman Sachs to go to Washington as Treasury Secretary in 2006 he demanded extraordinary powers as de [...]

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US Blackmailed By China?

Bloomberg is reporting Fannie's Mudd Soothed Asian Investors as Bonds Rose . Fannie Mae Chief Executive Officer Daniel Mudd was sitting down to a glass of wine with his wife at their Washington home around 10 p.m. on Saturday July 12 when Treasury Secretary Henry Paulson called. Concerns about the financial health of the biggest U.S. mortgage finance company had driven Fannie Mae's borrowing costs...

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True Living

The Economy is in unknown waters. Some are predicting a massive recession and others are predicting a pure recovery. William F. Engdahl from Global Research on August 2, 2008 criticized Henry Paulson's and the FED's policies as destabilizing the economy. William goes as far as classifying this economic downturn as worse as the 1930's Great Depression. Paul is the present Treasury Secretary since 2006....

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Paulson: China must recognize global trade role

U.S. Treasury Secretary Henry Paulson said on Monday that China should accept greater responsibilities for its growing economic influence and he chided Beijing for what he called a protectionist stance in global trade talks....

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Henry Paulson Has Lost Control

Henry Paulson Has Lost The Control Over US Finance, Economy By F. William Engdahl | 4 August 2008 www.engdahl.oilgeopolitics.net/ When Henry Paulson agreed to leave his job as chairman of the powerful Wall Street investment bank, Goldman Sachs to go to Washington as Treasury Secretary in 2006 he demanded extraordinary powers as de facto economic czar. He got it. Paulson is also head of the President's...

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Henry M. Paulson Jr.: The Right Way to Engage China

Written by U.S. Treasury Secretary Henry Paulson, from Foreign Affairs: One of the first challenges the next U.S. president will face will be how to respond to China's emergence as a global power. Some people suggest that China is a threat that must be countered or contained. Others argue that its ...

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Paulson: China must recognize global trade role

WASHINGTON (Reuters) - U.S. Treasury Secretary Henry Paulson said on Monday China should accept greater responsibilities for its growing economic influence and he chided Beijing for what he called a protectionist stance in global trade talks.

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Is the U.S. Banking System Safe?

James Quinn submits: "Treasury Secretary Henry Paulson delivered an upbeat assessment of the economy, saying growth was healthy and the housing market was nearing a turnaround. 'All the signs I look at' show 'the housing market is at or near the bottom,' Paulson said in a speech to a business group in New York. The U.S. economy is 'very healthy' and 'robust,' Paulson said. ( CBS Marketwatch 4/20/07)...

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Henry Paulson Loses Control Over US Economy, Financial System

When Henry Paulson agreed to leave his job as chairman of the powerful Wall Street investment bank, Goldman Sachs to go to Washington as Treasury ...

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TBTF

We’re talking about a pair of institutions that hold or guarantee more than half of the nation’s mortgages. In other words, they’re TBTF (too big to fail) and it’s a sure bet that we won’t let them go under. Treasury Secretary Henry Paulson apparently asserted today that the government is not planning an imminent bailout, by which he means that the government is busy planning an imminent bailout..

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Latest prediction: California's housing market will hit bottom first

It’s easy to call a bottom to the housing slump. The tough part is getting the timing right. Treasury Secretary Henry Paulson has made many such predictions. "All the signs I look at" show "the housing market is at or near the bottom," Paulson said in April 2007, a few months before the credit crunch hit. Just last month Barron’s declared that “Real-Estate Rout May Be Short-Lived.” The evidence: home...

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Housing still top risk, Paulson says

The $168 billion government stimulus effort has been a timely support for the economy and will continue to boost growth in the second half of this year, Treasury Secretary Henry Paulson said Thursday.

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Moderate growth foreseen for U.S. economy

WASHINGTON (AP) — U.S. Treasury Secretary Henry Paulson says the $168 billion government stimulus effort has proven to be a timely support for the U.S. economy and will continue to assist growth in the second half of this year. Paulson predicted in a speech Thursday the economy will continue growing [...]

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Paulson: heavier regulatory scrutiny may ‘accentuate’ credit crunch

Treasury Secretary Henry Paulson acknowledged today that increasing regulatory scrutiny of bank lending and other financial practices may ‘accentuate’ the current credit crunch. ‘When you go through any period like this, there are things that accentuate the cycle,’ he said in response to a question following a speech before the Exchequer Club in Washington. But Paulson seemed [...]