The Journal has published Hank Paulson’s prepared testimony for tomorrow’s hearing on the Hill. Apparently Bald is going to ramble on for about four pages until he finally gets to the following. Basically, what it comes down to is whether or not my definition of ‘appropriate’ is the same as yours. I think it’s appropriate to waterboard a CEO with his drink of choice, Strawberry Hill, until he agrees to do exactly as we say. If you don’t, I guess you’d characterize what I did as ‘inappropriate,’ which is your prerogative.