Monday, March 30, 2009

Paulson laments not getting more ‘kudos’ for saving the economy.

Thinkprogress:

In an interview with the Wall Street Journal, former treasury secretary Hank Paulson said the Bush administration prevented the economy’s “collapse” but seemed to lament the fact that the public hasn’t given the previous administration credit for it:

After he (and Mr. Geithner) pushed taxpayer capital onto the banks — but before a single dollar had actually been dispersed — people were asking why the banks weren’t lending more, he protests. And no Treasury secretary gets credit for avoiding catastrophe. “We succeeded in keeping the financial system from collapse,” he says, “but people were unhappy because we didn’t prevent a recession. It’s hard to get kudos for what didn’t happen.”

4 comments:

airJackie said...

Hank is trying to sell his book as it seems people forgot who he is. No sale no money for Hank. Now he's doing his best to get his name out as Tim Geithner is all over the Media. I'm sure the World Economic remember Hank and are still laughing at how stupid he is. Now Hank might have to fine a job even as a clerk making 7.50 an hour. Look Hank wasn't smart enough to steal enough money to last him, so it's time to fine a real job. If you have a bird and need paper to line the cage you can get Hanks book.

Anonymous said...

Some of us think Hank is as corrupt as they come. What a jerk. I read he's worth 600 million. Is that true?

SP Biloxi said...

Yes, and much more. His stocks in Goldman Sachs makes him worth 600+ million.

PrissyPatriot said...

[sputter] KUDO'S?? Clearly the man is suffering from a severe case of narcissism.