Hank Paulson’s testimony before the House Committee on Oversight and Government Reform last week was painful to watch. The hardest thing in the world is to look into the mirror and say “I’m the patsy.” Paulson has not done that yet. Having lived and grown up in the bubble, he does not have the perspective of the real world yet.
Paulson: Made $200 Million on Goldman Stock;Â Paid $0 in Taxes
More . . .
The Baseline Scenario: Who Nationalized Whom?
Hank Paulson’s Prepared Testimony Ahead of Tomorrow’s Hearing
Ouch! Was it worth $200million? I’m not sure he is believing his own words. He better have another dose of his drug of choice to kill his conscience before it creeps up on him.