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As Treasury Secretary Henry Paulson considers plans to buy stakes in banks -- a fresh tactic in the battle against the financial panic -- news comes of a key appointment to the newly created Office of Financial Stability. Thomas Bloom, currently chief financial officer for the Office of the Comptroller...
Posted on October 9, 2008 4:05 PM
"It's embarrassing for the United States of America," said Treasury Secretary Hank Paulson earlier this week while pitching the administration's $700 billion bailout plan.You think? And even though investment bankers (like Paulson used to be) should be the most embarrassed of all, it seems inevitable that our financial meltdown will...
Posted on September 25, 2008 1:20 PM
As of Friday morning, Wall Street was reacting positively to the plan being put forth by Treasury Secretary Henry Paulson (pictured) and Federal Reserve Chairman Ben S. Bernanke. As The Deal's Ron Orol and Bill McConnell report, the idea is to create an agency to take over illiquid debt, similar...
Posted on September 19, 2008 12:02 PM
On Monday Missouri's two U.S. senators weighed in on one international business trend, and on Tuesday they opined on another. Republican Kit Bond and Democrat Claire McCaskill agreed with each other both times, so there was bipartisan agreement -- on both sides of the tough issues raised by the globalization...
Posted on June 18, 2008 12:22 PM
As Treasury Secretary Henry Paulson and many other officials were about to gather for the fourth installment of the U.S.-Chinese Strategic Economic Dialogue, which got underway Tuesday in Annapolis, Md., the two sides announced a slew of trade deals meant to show that China is buying things from the U.S....
Posted on June 17, 2008 1:58 PM
U.S. Treasury Secretary Henry Paulson will lead the U.S. delegation at the fourth round of the Sino-U.S. Strategic Economic Dialogue, to be held on June 17 and 18 in Annapolis, Md. Since there will be a delegation of Chinese companies on hand to look for U.S. investment opportunities, it's not...
Posted on June 9, 2008 8:21 AM
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