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Theron Mohamed   


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2 mins read

Former Democratic and GOP treasury secretaries warn of potential economic disaster as McConnell digs in on refusal to raise the debt limit

"Even a short-lived default could threaten economic growth," the group wrote in a letter. McConnell…

Joseph Zeballos-Roig   


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Rock star Bono helped recruit ex-Treasury Secretary Hank Paulson to run a new climate fund

"We don't just need the usual suspects, we need some 'unusual suspects,' if you like, and some unex…

Theron Mohamed   


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Warren Buffett phoned Treasury Secretary Hank Paulson with a stimulus idea when the 2008 financial crisis erupted. It may have saved the US economy

"He laid out the idea which was the germ of what we did," Paulson said about Buffett's suggestion t…

Theron Mohamed   


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HANK PAULSON: 'That's bulls--t'

First, here's tiny bit of context: Earlier this month, some commentators - notably Harvard professo…

Myles Udland   


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HANK PAULSON: We're not going to see a President Trump

PAULSON:  I don't - listen, I shouldn't even have made that comment, because I'm - I…

Julia La Roche   


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6 mins read

Former US Treasury secretary Hank Paulson warns of an 'economic iron curtain' if the US and China can't find a way to get along

"As Treasury Secretary, I presided over the US response to the 2008 financial crisis, so I know a l…

Christian Edwards,Christian Edwards   


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HANK PAULSON: Cyber theft is a threat to the global economic system

"Ultimately I think it's just very, very important for our two countries to come together, because …

Lucinda Shen   


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HANK PAULSON: Climate Change Risk Is The New Housing Bubble

We are building up excesses (debt in 2008, greenhouse gas emissions that are trapping heat now). Ou…

Rob Wile   


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3 mins read

Why Mark Zuckerberg is reading Hank Paulson's new book about China

Last October, Zuckerberg conducted an interview entirely in Mandarin at Tsinghua University School,…

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HANK PAULSON: We're Sowing The Seeds For Another Crisis

The FMIC would act as insurance the same way the FDIC does for banks, protecting 10% first-loss, pr…

Linette Lopez   


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1 min read

HENRY PAULSON: Jamie Dimon Had 'Courage And Confidence' During The Financial Crisis

Over a matter of days, Bear Stearns's stock price got destroyed as investors and counterparties bec…

Sam Ro   


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Here's The Story Behind The Searing Hank Paulson Photo Taken Exactly 5 Years Ago Today

That afternoon, Treasury announced it would sell $40 billion of debt to shore up obligations. But i…

Rob Wile   


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Bloomberg Businessweek Premiers Its Made-For-Netflix Hank Paulson Documentary This Week

Then there's the fact that Michael Bloomberg himself will be sitting on a panel with Paulson at the…

Linette Lopez   


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Warren Buffett joked he'd be 'eating Thanksgiving dinner at McDonald's' if the US government didn't bail out the banks in 2008

Buffett probably wouldn't mind celebrating Thanksgiving at McDonald's, as he grabs breakfast there …

Theron Mohamed   


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2 mins read

Warren Buffett might help rescue the banks again - but he'll probably make less money this time around

Buffett has reportedly spoken to the White House about investing in US regional banks, but he might…

Theron Mohamed   


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5 former Treasury secretaries including one of George W. Bush's — throw their support behind Manchin's inflation-fighting bill

The Inflation Reduction Act lowers costs for Americans and should be passed immediately, the former…

Ben Winck   


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George W. Bush's claim that he'd fix the financial crisis by the end of his presidency left Obama 'at a loss for words,' according to his memoir

"The good news, Barack, is that by the time you take office, we'll have taken care of the really to…

Eliza Relman   


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Bill Gates says companies have gone from staying private too long to going public too soon and that he's avoiding 'low quality' SPACs

"We've kind of flipped from a world where companies would probably stay private too long, to now...…

Will Daniel   


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3 mins read

The Treasury Secretary's hectic schedule after Lehman Brothers' collapse illustrates the chaos of the financial crisis

The schedule, printed in Andrew Ross Sorkin's epic account of the crisis, Too Big To Fail, reveals …

Will Martin