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News & Issues > Let's Just Give 700 Billion to Him..
 

Let's Just Give 700 Billion to Him..



Henry Paulson - Secretary of the Treasury

Career highlights - EXCEPT from Wikipedia

Paulson was Staff Assistant to the Assistant Secretary of Defense at The Pentagon from 1970 to 1972.[7] He then worked for the administration of U.S. President Richard Nixon, serving as assistant to John Ehrlichman from 1972 to 1973.

He joined Goldman Sachs in 1974, working in the firm's Chicago office. He became a partner in 1982. From 1983 until 1988, Paulson led the Investment Banking group for the Midwest Region, and became managing partner of the Chicago office in 1988. From 1990 to November 1994, he was co-head of Investment Banking, then, Chief Operating Officer from December 1994 to June 1998;[8] eventually succeeding Jon Corzine (now Governor of New Jersey) as its chief executive. His compensation package, according to reports, was US$37 million in 2005, and US$16.4 million projected for 2006.[9] His net worth has been estimated at over US$700 million.[9] Paulson has personally built close relations with China during his career. In July 2008 it was reported by The Daily Telegraph that: "Treasury Secretary Hank Paulson has intimate relations with the Chinese elite, dating from his days at Goldman Sachs when he visited the country over 70 times."[10]

Oh well Goldman Sachs is still hanging in there...

posted on Sept 23, 2008 7:36 PM ()

Comments:

Do the words-clusterfuck-mean anything to you?
comment by grumpy on Sept 24, 2008 5:32 PM ()
Have you listened to Lou Dobbs assessment of Paulson? It was hilarious. I felt so good after listening to him blast the powers that be.
comment by angiedw on Sept 24, 2008 11:12 AM ()
What is the alternative to the bailout? I don't want to return to the 30's.
comment by elderjane on Sept 24, 2008 9:57 AM ()
Have Paulson loan the money to the Wall Street firms. He could put his personal fortune to work for the country.
comment by jondude on Sept 24, 2008 6:59 AM ()
I heard this morning that the FBI will be looking into these big companies that needed bailouts for fraud...
comment by kristilyn3 on Sept 24, 2008 6:43 AM ()
comment by marta on Sept 24, 2008 12:11 AM ()

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