Results tagged “Hank Paulson” from Dealbreaker
YOUR SEARCH
Caption Contest Monday
Oct 19, 2009, 9:25am
Posted by Bess Levin
Raj-Raj and Hank Paulson yuk it up at a business and technology conference, November 2004. [via]...
What Was Lewis Really Up To?
Apr 27, 2009, 9:55am
Posted by Equity Private
The party line is that Lewis was well on his way to dumping the Merrill merger via a Material Adverse Change clause and dumping (one assumes) the now empty dancecard holding bank into bankruptcy. If you want to add nuance,...
Ken Lewis Throws Paulson, Bernanke Under Bus
Apr 23, 2009, 8:07am
Posted by Bess Levin
Why didn't Ken Lewis tell Bank of America shareholders that the company they were acquiring was set to report an imperial asston of losses for the fourth quarter, information that would've been more useful to them before the deal went...
Being Merritt Paulson (Part Deux)
Apr 07, 2009, 10:44am
Posted by Equity Private
Remember when we reported that Hank Paulson's son, Merritt (no, we didn't make that up) had managed, with a little help from Dad, to talk his way into a major league soccer team in Portland? Yeah, well maybe not so...
Being Hank Paulson
Apr 02, 2009, 3:47pm
Posted by Equity Private
In a small way, you have to sort of feel sorry for Hank Paulson. (Hey, we said "in a small way, so just back off, 'kay?) Whatever course he took, once he took money from Congress, he was screwed. Without...
Being Merritt Paulson
Mar 19, 2009, 3:27pm
Posted by Equity Private
Rumor has it that Hank Paulson has somehow persuaded Portland to pay for two new stadiums. Totally coincidentally and unrelated, Merritt Paulson, Hank's son, owns two Portland franchises. A soccer team and a AAA baseball team. Whoo hoo!...
Presented Without Comment
Nov 14, 2008, 3:20pm
Posted by Equity Private
Except to express our total lack of surprise that the Goldman alum Treasury Secretary thinks we are a total humiliation as a nation, (or more precisely: "We have in many ways humiliated ourselves as a nation with the recent turmoil.")...
The Dangers Of Lists: Someone's NOT On Them
Oct 28, 2008, 1:51pm
Posted by Equity Private
So has your local bank announced an infusion by the Treasury yet? No? Then the Treasury might not think it is going to survive the crisis. That's how the New York Times plays it, anyhow. There is a certain bitter...
Bank Robbery Of Another Kind
Oct 23, 2008, 10:01am
Posted by Equity Private
"I feel like Butch Cassidy and the Sundance Kid. Who are these guys that just keep coming?" -- Treasury Secretary Henry Paulson Jr. We quite like the image of Beard and Bald as the "Banditos Americanos" of Butch Cassidy and...
G7 Releases Vague Principles Designed To Give Impression Of Competence
Oct 10, 2008, 7:02pm
Posted by Equity Private
G-7 Finance Ministers and Central Bank Governors Plan of Action Washington-- The G-7 agrees today that the current situation calls for urgent and exceptional action. We commit to continue working together to stabilize financial markets and restore the flow of...
Paulson To Use Superpowers Sooner Than Expected
Oct 10, 2008, 12:49pm
Posted by Equity Private
In a raft of measures, that aren't desperate (no really, we swear) Hank Paulson is set to issue what looks to be a general "term sheet" in the next few days for all financial institutions needing an thick injection of...
I Know, Let's Use Cooperation
Oct 08, 2008, 3:22pm
Posted by Equity Private
It wasn't a pair of days ago when Germany was insisting there would not be a coordinated European bailout fund. That lasted all of 48 hours. There was a lot of scoffing at rate cut proposals, of any kind, a...
Neel Kashkari: Seven Hundred Billion Dollar Baller
Oct 06, 2008, 9:37am
Posted by Equity Private
I don't care how many zeros you had on your Schedule K-1 form last quarter, it doesn't get even remotely close to the ballerishness implicit in wielding so many blank checks with the logo of the United States Treasury in...
What Happened Around 11:30?
Sep 23, 2008, 1:55pm
Posted by Equity Private
Oh yeah. Chart after The Jump....
Liveblogging (Sort Of) The Bailout Hearings
Sep 23, 2008, 11:33am
Posted by Equity Private
Paulson and The Beard are facing the panel. What glee! 11:30: Lots of hammering away on the issue of mortgage foreclosure assistance. If the issue was bad lending, the argument goes, why aren't we doing more for foreclosure assistance? What...
(Prematurely) Grading The Bailout
Sep 23, 2008, 9:06am
Posted by Equity Private
In the wake of the worst single day performance on the Euro stage in recent memory for the Dollar, you might sit up and take notice. Of course, an injection of $700 billion is going to impact the dollar however...
Bailout Blues
Sep 22, 2008, 8:04am
Posted by Equity Private
It probably isn't surprising that Wall Street initially focused on the figure rather than the text of The Bailout Plan (it being so large and broad in scope that proper noun capitals seem appropriate here). $700 billion looks almost comfortably...
Buffett On Bailout
Sep 08, 2008, 10:18am
Posted by Bess Levin
Whatever your thoughts on the matter of the this little mortgage rescue are, you cannot ignore the toll it's taking on Warren Buffett. CNBC had him on this morning in a phone interview with Becky Quick, who called in from...
From Mark-To-Market To Fair Value
Aug 06, 2008, 2:46pm
Posted by John Carney
The debate over mark-to-market accounting rages on. The accounting standard known as FAS157 has been criticized by some bankers, notably Blackstone Group chief Steve Schwarzman, for needlessly causing big write-downs and encouraging financial panic. It's defenders include Goldman Sachs, which...
Hank Paulson: Supporting Fannie and Freddie In Their Current Form
Jul 11, 2008, 10:28am
Posted by John Carney
Treasury Secretary Hank Paulson has now spoken up about the story in the New York Times regarding "contingency planning" for Fannie Mae and Freddie Mac. The official statement makes no mention of a possible bailout or taking them into conservatorship....
