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Download Fortune (September 29, 2008) Paulson to the Rescue (Go Get the Money

"If it goes the way it could go , that means credit shuts down. Note that just 10 days previous on Sept 18 2008 the congress had been told behind closed doors that America was 24 hours away from complete collapse and martial law. My favourite friend of China, US Treasury Secretary Henry "Hank" Paulson , has decided not to rescue Lehman Brothers. All it does is . Buying bonds is another way of saying lending money , which is to say that the Chinese irresponsibly injected huge quantities of unnaturally cheap credit into the whole bloated system. China . According to the book Too Big To Fail, Paulson,. Fletcher ;s HAMP odyssey included a yearlong fight with Citi Mortgage, and just when he maneuvered to the point of getting a permanent modification, his loan was sold off to Saxon Mortgage, who then refused to honor any of his previous . Michelle Malkin | Why Henry Paulson must be “contained” «On Sept . 15, Paulson was patting himself on the back for refusing to “put taxpayer money on the line” to rescue Lehman Brothers. . . September 29, 2008 10:38. Henry Paulson - Wikipedia, the free encyclopedia On September 19, 2008, Paulson called for the U.S. Go no further then reading Fortune Mag article on Hank Paulson meeting at lunch at Eton parks office signal to 30 hedge funds they could keep their short attack on GSE even with a dead cat bouce going. Clearly, a government that ;s already in debt over its eyes for the next million years does not have enough capital on hand to rescue every Citigroup or Regions Bank in the land should they all go bust tomorrow.FDL Book Salon Welcomes Neil Barofsky, Bailout: How I Watched . In 2008, Paulson co-wrote a Wall Street Journal op-ed. . (Although Paulson claimed at the time that handing money directly to the banks was a faster way to restore market confidence than lending it to homeowners, he later confessed that he had been contemplating the direct-cash-injection plan even before the . October 6, 2008 | The Nation Even without knowing the specifics of Paulson's staggering rescue plan,. Bush and Henry Paulson to rescue their cronies and friends on Wall Street. September 25, 2008