Hank Paulson
Paulson touts merger, credit returns as gold bet turns sour
John Paulson gets back to his roots as an event driven investor and finds profits in mergers and restructurings in the first quarter while his big bet on gold as a hedge against inflation fails to win
NY attorney-general delves into BoA-Merrill merger
Losses and Lawsuits
Tarp runs out at last
Funds from the Troubled Asset Relief Program (Tarp) have finally been exhausted, following three months of capital injections and loan facilities extended to a variety of institutions.
Obama officially names Geithner next US Treasury secretary
US President-elect Barack Obama has officially named Timothy Geithner, president of the Federal Reserve Bank of New York, as his appointee for US Treasury secretary.
US Treasury secretary Paulson speaks out on international regulatory overhaul
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Paulson: buying MBSs no longer Tarp priority
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Paulson: buying MBSs no longer Tarp priority
Treasury secretary Hank Paulson closed the door to systematic US government purchases of illiquid mortgage-backed securities under its $700 billion Troubled Asset Relief Programme (Tarp), during a briefing in Washington, DC today.
US Treasury changes course on Tarp CIO
The US Treasury yesterday unveiled James Lambright as interim chief investment officer for the Troubled Asset Relief Program (Tarp), after changing its original decision to appoint undersecretary Reuben Jeffery.
Treasury to take $125bn equity in nine US banks, says Paulson
The US Treasury will give banks and thrifts up to $250 billion as part of a series of measures designed to boost public confidence in financial institutions and restart immobile interbank lending markets.
"Several weeks" before first asset purchases, says Paulson
It will be several weeks before the US Treasury will make its first purchase under the $700 billion Emergency Economic Stabilisation Act (EESA), according to US Treasury secretary Henry Paulson.
US agrees $700 billion bail-out
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Senate passes $700 billion Wall Street deal
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O Brothers, where art thou?
The bankruptcy of Lehman Brothers, coming on the back of the conservatorship of Fannie Mae and Freddie Mac, sent market participants rushing to compute their exposures and replace affected hedges. How did the market bear up? By Peter Madigan and Nick…
US bailout halted in Congress
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Paulson pitches rescue deal to House committee
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Paulson Plan dubbed “a necessary evil”
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