Posts Tagged: Hank Paulson
4

Very False Analogies, Hank Paulson & Goldman Sachs Edition

From former Treasury Secretary Hank Paulson's spokesperson, explaining how Hank Paulson didn't bail out AIG because it would help (or, you know, actually save) his former employer, Goldman Sachs: "Suggesting that A.I.G. was saved for the sake of one firm is as ridiculous as saying firemen put out a fire in a skyscraper to protect just one of the thousands of people in the building."

14

Hank Paulson, Goldman Sachs and the Wall Street Journal

Hoo, boy, I didn't read Matt Taibbi's latest from yesterday until just now. "Can you imagine what a craven, bumlicking ass-goblin you'd have to be to get a job working for the Wall Street Journal, not mention up front that you used to be a Goldman, Sachs managing director, and then write a lengthy article calling your former boss a "national hero" – in the middle of a sweeping financial crisis, one in which half the world is in a panic and the unemployment rate just hit a 25-year high?" OH IT GOES ON. And quite rightly!