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Entries tagged "Henry Paulson"

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Andrew Lo and the wisdom of reading 21 crisis books

MIT economics professor Andrew Lo has written a paper for the 'Journal of Economic Literature' summarizing, with a few general points, some 21 books on the financial crisis. This is a task I, a certified lunatic, also tackled several years ago. Continue reading

Posted on February 3, 2012 3:18 PM




Dodd-Frank's uphill climb off Capitol Hill

The new issue of The Deal magazine asks how (or whether) Dodd-Frank's 'orderly liquidation authority' will work, or if it might actually make a crisis worse Continue reading

Posted on November 1, 2011 10:07 AM




Nocera on Bair and bailouts

Joe Nocera offers up an exit interview with outgoing FDIC head Sheila Bair in The New York Times magazine, bringing all the nightmarishly tangled issues of 2008 back again. Continue reading

Posted on July 12, 2011 1:32 PM




SEC cracks down on Goldman

Goldman has agreed to settle for $550 million with the SEC for charges that the bank had misled investors in a mortgage derivatives deal done at the height of the subprime boom. Continue reading

Posted on July 16, 2010 10:58 AM




Failing to be too big to fail

We are about to enter a new era of government discretion to liquidate Wall Street firms. Continue reading

Posted on May 21, 2010 11:34 AM




Henry Paulson's 'On the Brink'

The former Treasury secretary force-marches readers through one crisis after another. He wants us to see what he confronted and how hard he worked. Meanwhile, questions remain unanswered. Continue reading

Posted on March 5, 2010 1:30 PM




Last rites

As the Lehman remembrance festival ends, some former insiders offer thoughts on Dick Fuld, Henry Paulson and what went wrong. Continue reading

Posted on October 2, 2009 1:32 PM




In search of the uber-mensch

AIG chairman Edward Liddy takes his lumps testifying before Congress. Continue reading

Posted on March 20, 2009 1:52 PM




TALF to the rescue

The program should be expanded to address existing troubled assets. Continue reading

Posted on March 3, 2009 2:42 PM




A year unlike any other

Turmoil. Chaos. Bailouts. Conventional deals in 2008 were rare. Many of those that mattered, like Bear Stearns and J.P. Morgan Chase, involved the government. Continue reading

Posted on February 20, 2009 3:30 PM




The turning point

The decision to send Lehman into bankruptcy marked the shift from a financial crisis to a market meltdown. Continue reading

Posted on February 20, 2009 3:28 PM




Opening drive

Obama tackles an intractable foe -- the college football bowl system. Continue reading

Posted on January 23, 2009 12:50 PM




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Goldman, Sachs & Co. veteran Tracy Caliendo will join Bank of America Merrill Lynch in September as a managing director and head of Americas equity hedge fund services. For other updates launch today's Movers & shakers slideshow.

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