Posts with tag Henry Paulson

Mortgage Fraud Scheme Targets Treasury Secretary

The housing boom and bust brought forth many accounts of mortgage fraud - but it's only recently that the absurdity of some schemes is coming to light. A 35 year-old Maryland man, Bryan Gardner, has been charged with successfully paying his $353,000 Citibank mortgage with a false money order backed from then Secretary... Continue Reading »

Hank Paulson: Financial Reforms Are 'Required'

It was former Treasury secretary Henry "Hank" Paulson's turn in front of the Financial Crisis Inquiry Commission yesterdayn-- and, boy, does this guy sound like the voice of reason we've all been looking for. His testimony was compelling, on-point, and chock-full of tremendous insight. Some snippets: "Reforms are... Continue Reading »

Goldman Sachs Didn't Profit From Mortgage Defaults, But It Tried

We're good guys, really! Goldman Sachs, the publicly vilified former investment bank famously nicknamed a "great vampire squid wrapped around the face of humanity" by Rolling Stone's Matt Taibbi for the way its seemingly wraps its tentacles around every far flung money-making opportunity, issued a defense in its annual... Continue Reading »

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