Paulsen as treasury sec for Obama? Come on, give us Bob Rubin or Larry Summers back! Even Jim Cramer might be a better choice than Paulsen (although he is way too emotional, I don't think Congress would ever confirm him). But maybe the most radical idea: Erin Burnett. Young, smart, worked at Goldman Sachs, what else do you need? Financial America knows her and she knows financial America.
As for the article, I agree. If Paulsen and Bernanke had enough will, they would engineer some kind of rescue. Something similar to Long Term Capital liquidation in 1998, just quiet backroom deal, no need for illegal official government moves.
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Paulsen as treasury sec for Obama? Come on, give us Bob Rubin or Larry Summers back! Even Jim Cramer might be a better choice than Paulsen (although he is way too emotional, I don't think Congress would ever confirm him). But maybe the most radical idea: Erin Burnett. Young, smart, worked at Goldman Sachs, what else do you need? Financial America knows her and she knows financial America.
Oct 23 11:42 am
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All Comments by Alex Filonov »Hank Paulson, Revisionist [View article]
As for the article, I agree. If Paulsen and Bernanke had enough will, they would engineer some kind of rescue. Something similar to Long Term Capital liquidation in 1998, just quiet backroom deal, no need for illegal official government moves.