Bush on Tuesday of a $250 billion bailout plan to help stabilize the financial system. In Washington, Bush said the Treasury would buy into ban ...

As the Wire covered on Tuesday, Andrew Ross Sorkin's new book on the bailout is generating considerable buzz about the incidents of incompetence and shadiness he uncovered. One question in particular ...

Paulson writes of Bank of America CEO Ken Lewis's report that "after closer inspection his people now believed that Lehman's assets were in even worse shape than they had thought the previous evening.

Henry Paulson had been the CEO of Goldman Sachs, a Republican and a free marketeer. But as George W. Bush's reluctant Treasury Secretary, he engineered the biggest government intervention of modern ...

It seems that former Treasury secretary Henry Paulson has a new book coming out. It’s supposed to be an inside account of the collapse of the global banking system. Though the book might run into some ...

Poor Hank Paulson doesn't deserve the drubbing he's been getting. I'm sure the Treasury secretary had no idea what he was in for when he signed on after the 2006 election, and as my colleague David ...

WASHINGTON, Feb 13 (Reuters) - U.S. Treasury Secretary Henry Paulson said on Wednesday interest-rate cuts alone would not solve the credit woes afflicting U.S. financial markets. "All of the markets ...