Same one that was bashing Rick Santelli and Zero Hedge, New found revenue must be great!!!!!!!!!!!!! THE DARKSIDE,,,,,,,,,,,,,,,,
By Barry Ritholtz - February 6th, 2012, 8:45PM???????????????????????????????????????????????
I cannot go into the details, as the entire conversation was off the record.
However, I can tell you that, despite disagreeing with the bailouts & TARP that was put into place under his regime at Treasury, Hank Paulson may actually be a decent guy.
When you look at the rest of the parade of folks who helped contribute to the crisis — from the people at Treasury (Paulson, Geithner, Summers, Rubin) to the Fed (Greenspan, Bernanke) to Senate (Gramm, Leach, Bliley, Schumer), there certainly is plenty of blame to spread around a bunch of unsavory characters. Greenspan deserves much more blame than Bernanke (I also believe Bernanke is a decent man).
But Paulson did a few things that are not known, and probably wont be publicly revealed until the end of this year — if at all. His subsequent actions since leaving Treasury have actually surprised me.
This actually comes from an adversary of his. I will reveal all when I get permission, or when the book comes out, if ever — and if not, well, you just have to trust my judgment on this.
More to come later . . .
http://www.ritholtz.com/blog/2012/02/my-newfound-respect-for-hank-paulson/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+TheBigPicture+%28The+Big+Picture%29
Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.
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