Tag:
Henry Paulson
Latest Headlines
Latest Headlines
Blankfein's Goldman Sachs legacy grows darker
Lansdowne Partners, Europe's biggest hedge fund, has sold its entire $850 million position in Goldman Sachs, according to The Telegraph . It's unclear just how much the hedge fund lost on the liquidation, but the move clearly does not represent a vote of confidence in the bank, which
Goldman Sachs clout in Washington on the decline?
CNBC poses a provocative question: Is Goldman Sachs losing clout in Washington? It's fair to say the firm has lost a lot of its cachet in the capital. Some consider it almost toxic.
In this election year, almost two dozen candidates have refused Goldman campaign contributions or donated th
A blow to the "Paulson made me do it" defense?
One theme in the many shareholder criticisms of how Bank of America handled the Merrill Lynch purchase was that then-CEO Ken Lewis had fielded a lucrative bailout package from then Treasury Secretary Henry Paulson to prod the bank to close its deal for Merrill Lynch.
That bailout proposal shou
Wall Street's financial crisis: The movie--an update
We've noted that HBO is making a movie based on the financial crisis, which would seem to be a promising endeavor given its success with Recount, a terrific movie based on the epic battle in Florida in the Bush vs. Gore election.
The latest news is that HBO has inked William Hurt to pl
Wall Street's financial crisis: The movie
What we have yet to see from all the drama on Wall Street is the definitive chronicle--a book to capture the era like Barbarians at the Gate captured takeover madness or the way Liar's Poker captured the bond-related madness back in the 1980s. But will we get a great movie out of all this?
A remarkable video of John Mack
John Mack delivered an amazing speech at Wharton and fortunately it has been posted on YouTube. It appears to be a brutally honest look at Morgan Stanley ( MS ) at the nadir of the crisis. It's full of color--his driver sped down a bike lane to make a meeting at the Fed--and information abou
PR managers take note
Fortune pronounces the Charlie Rose show the place to be if you want to engage in serious talk about the financial crisis. Rose has hosted the likes of Tim Geithner, Henry Paulson, Larry Summers, Peter Orszag, Hank Greenberg and Warren Buffett. Are we going to be seeing top bank CEOs soon? It
Paulson's real mistake
The media has been obsessed with the one-year anniversary of the demise of Lehman Brothers. The big question is whether it was a mistake to let Lehman Brothers fail. A lot of people think it was and that direct responsibility rests with then-Treasury Secretary Henry Paulson.
A new book A Col
Paulson controversy won't abate
Henry Paulson's role as Treasury Secretary has proven to be very controversial. If you thought that controversy was now dying down, you might want to think again. The New York Times has weighed in with a revealing story that details Paulson's frequent communications with top executives of his
Can the bull save Bank of America?
Bank of America's new a $10 million print and online advertising campaign--which will start up in earnest in July---touts a new Bank of America Merrill Lynch investment bank division, aiming to leverage the brand value of Merrill's famous bull. Later this year, according to the Financial Tim
