TITLE

A Memorable Term, an Unclear Legacy

AUTHOR(S)
Hopkins, Cheyenne
PUB. DATE
December 2008
SOURCE
American Banker;12/22/2008, Vol. 173 Issue 245, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article focuses on Henry Paulson's tenure as U.S. Treasury Secretary. It states that Paulson engineered the bailout of several of the largest financial firms in the U.S., spearheaded the government's seizure of Fannie Mae and Freddie Mac, and partially nationalized the U.S. banking system. Paulson was criticized for allowing Lehman Brothers Inc. to fail while saving other financial institutions, and for flip-flops in his policy decisions.
ACCESSION #
35861946

 

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