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Henry Paulson

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Was the 74th United States Secretary of the Treasury (2006 - 2009).
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ENG: Henry Merritt "Hank" Paulson, Jr. (born March 28, 1946) is an American banker who served as the 74th United States Secretary of the Treasury. He previously served as the Chairman and Chief Executive Officer of Goldman Sachs. Early career Paulson was Staff Assistant to the Assistant Secretary of Defense at The Pentagon from 1970 to 1972. 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 for Manmeet Taneja. 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 ...
for36against   In my opinion Henry Paulson is quite good politician. For instance, because ... (if I wanted to write why, I wrote it here), positive
for1against   The US economy shrank 0.3% in the third quarter, the sharpest contraction in seven years, and payrolls data on Friday showed the US jobless rate jumped to 6.5%, 123
for1against   no question that the United States was in a severe recession and that US gross domestic product would drop significantly for the fourth quarter, 123
for1against   Eric Hobsbawm, the doyen of Marxist history, says the current financial turmoil is the 'greatest crisis of capitalism since the 1930s'., spetr
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U.S. to Speed Investment From China Banks


The U.S. agreed to speed up approvals for Chinese financial institutions seeking to invest in the country, as Treasury Secretary Henry Paulson tries to find ways to unlock frozen credit markets and stabilize banks.The announcement was made in a joint statement at the close of two days of bilateral talks between China and the U.S. in Beijing. The U.S. also welcomed “commercially based” investments by China’s sovereign wealth fund and the foreign- exchange administration in industries including financials.The U.S. has pledged more than $8.5 trillion to rescue its financial ...


Paulson Considers New Plan to Resuscitate U.S.


Treasury Secretary Henry Paulson is considering a new plan to reduce mortgage rates in another bid to revive the U.S. housing market, a government official said. The Treasury, which already has a program to buy mortgage- backed securities issued by Fannie Mae and Freddie Mac, could step up those purchases to drive down interest rates on some loans to 4.5 percent, the official said on condition of anonymity. The plan is preliminary and could change. The deliberations come as President-elect Barack Obama pledges fresh action to help American homeowners, and follow a $600 billion initiative ...


White House to extend unemployment benefits


With weekly jobless claims benefits at a 16-year high, the White House said Thursday that President George W. Bush would sign quickly legislation pending in Congress to provide further unemployment benefits.The Senate is expected to take up this week a bill, already passed by the House of Representatives, that would extend unemployment insurance checks for up to 13 additional weeks for jobless people whose benefits have run out. The Senate vote could occur as early as Thursday evening and would require support from 60 senators to pass.White House press secretary Dana Perino, discussing the ...


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> Henry Paulson > News

Final act in Wolfowitz drama, WB Panel releases report
The ad hoc World Bank panel has criticized Wolfowitz for violating the ‘Code of Conduct and Staff Rules,’ and has rejected the arguments that he had earlier submitted in his defense. The panel appointed by the World Bank, to look into the charges leveled against World Bank President Paul Wolfowitz, submitted its second report on [...]
Paulson urges China to Speed up capital market cooperation and reforms
The U.S. Treasury Secretary Henry Paulson has said China risks wasting trillions of dollars in resources and lost economic potential unless it rapidly opens its capital markets. He further said in a speech delivered in Shanghai that China should open its financial sector further to foreign competition to help it become more than an exporter [...]
US Treasury chief says narrowing tax gap is unrealistic
US Treasury Secretary Henry Paulson has recently told Senators that considerably lessening the tax gap between federal taxes owed and taxes paid may not be possible ‘without adding draconian and painful requirements on all taxpayers,’ most of whom pay their taxes in full. However, he also said that the administration is unlikely to recommend plans [...]
Henry Paulson ’68 at Dartmouth: Reforms Are Needed
Getting the country’s fiscal house in order requires more than budget cutting, says former U.S. Treasury Secretary Henry Paulson Jr. ’68.



 
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