For the first time, Fed officials have offered an account that differs significantly from the versions that, for many, have hardened into history.» Read More
CNBC's Tyler Mathisen; Paul Steiger, ProPublica, and Jeffrey Sonnenfeld, Yale School of Management, share their thoughts on the titans of central banking and whether Treasury Secretary Henry Paulson should have made the list.
Are big bank leaders like Jamie Dimon the most influential on Wall Street—or activist investors like Carl Icahn?
Former Treasury Secretary Hank Paulson told CNBC he'd comment on JPMorgan's legal troubles, even though he shouldn't. Warren Buffett also weighed in.
Former Treasury Secretary Hank Paulson told CNBC that he won't comment on JPMorgan settlement talks with the government, but admitted it's hard for him to be objective.
It's going to take really strong leadership, says former Treasury Secretary Hank Paulson, discussing how both parties can come together and reach a compromise on the budget. At the end of the day, the debt ceiling has got to be increased, Paulson added.
Sometimes it takes a crisis to get something very unpopular done, says former Treasury Secretary Hank Paulson, discussing how "one element" of the Republican Party has "hijacked" the debate on significant economic problems. Also, Paulson weighs in on the job Jack Lew is doing and explains why there has to be "structural changes" in the way people get their information.
Former Rep. Paul Kanjorski, (D-PA), discusses how lawmakers responded to the nation's financial crisis five-years ago and the unfinished business of the Dodd-Frank Act.
Former Treasury Secretary Hank Paulson praised the Tarp program earlier today on CNBC. David Malpass, Encima Global; Douglas Holtz-Eakin, American Action Forum president; and John Tamny, Forbes opinions editor, discuss if Fed chair Ben Bernanke and the Tarp program saved the U.S economy.
Richard Kovacevich, former Chairman & CEO of Wells Fargo, provides his thoughts on how the government handled the financial crisis five years ago, and why he thinks the TARP program actually made the crisis worse.
Former Treasury Secretary Hank Paulson, shares his recollections on what went on behind the scenes when the "massive credit bubble" burst five years ago.
Five years ago, the government abandoned Lehman Brothers to its fate. Was that a mistake, or did it help bring the financial crisis under control?
Former US Treasury Secretary Hank Paulson argues the Federal Reserve can't be the only driver of both the markets and economy.
CNBC's Kate Kelly reports that Henry Paulson's umbrella funds are down significantly through December.
LIANGJIAHE, China-- The next leader of China spent much of his youth living in a dug-out cave. Xi Jingping's seven years in this remote northern community meant toiling alongside rural villagers by day and sleeping on bricks by night, in stark contrast to his pampered early years in Beijing.
During the frenzied days of September 2008, as the U.S. financial system teetered on the brink of collapse, the government chose winners and losers. Washington Mutual, the country’s largest savings and loan bank, fell into the latter camp. The author of "The Lost Bank" has the story of the biggest bank failure in American history.
Tim Geithner could be heading back to school so to speak, at least if his chatty father-in-law is to be believed.
Although there are similarities with what the United States went through at the onset of the financial crisis, the issues in Europe are are more complex and will take years to resolve, Henry Paulson, former Treasury Secretary and founder of the Paulson Institute told CNBC on Wednesday.
After the weekend's International Monetary Fund (IMF) meeting passed with no concrete announcements on the resolution of the Eurozone debt crisis, one analyst called for a "Paulson moment" between politicians and fiscal policymakers in Europe.
The idea that Paulson needed a crisis in order to solve a bigger crisis could be seen by some as a post-game rationalization by the former official, but it raises some interesting questions for German Chancellor Angela Merkel and Europe's ongoing sovereign debt crisis.
What is playing out in Portland, where the Timbers are in their inaugural season in Major League Soccer and passionate fans are embracing some of the trappings of their European counterparts, suggests soccer might finally be poised to become a big-league sport in the United States.