AirTalk for February 11, 2010

Henry Paulson on the brink

Mercer 6648

Grand Central Publishing

Former Treasury Secretary Henry Paulson on what went down behind the scenes as the economy collapsed.

Before becoming Secretary of the Treasury, he was the CEO of Goldman Sachs. Yet, free-market champion Henry Paulson engineered the biggest bank bailout in American history. Recounting closed chamber conversations (including John McCain’s campaign-stopping trip to Washington) and his public statements, Secretary Paulson rewinds to 2008 in his memoir, "On the Brink." Did the Troubled Asset Relief Program violate markets, and reward Wall Street risk-takers? Or was it the unpleasant but necessary policy that staved off financial collapse? Larry Mantle gets behind the scenes with Hank Paulson.

Guest:


Henry Paulson, author of "On the Brink: Inside the Race to Stop the Collapse of the Global Financial System," and former Secretary of the Treasury under President George W. Bush.


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