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Barron's Picks And Pans: Allstate, CBS, Owens-Illinois, 3M And More
Saturday, September 15, 2018 - 12:06pm | 750This weekend's Barron's discusses how the insurance industry is likely to ride out Hurricane Florence. Other featured articles examine the prospects for a bottle maker in a slump and an industrial giant worth a closer look. Also, a board of directors that was slow to act and how big iPhone...
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Hank Paulson: Trump Won't Be President
Friday, April 8, 2016 - 2:41pm | 285"I don't think we're going to see a President Trump," said former U.S. Treasury Secretary Henry "Hank" Paulson while commenting on the 2016 presidential race on Bloomberg. Answering a question of whether Trump as president would be a useful ingredient to that long-term stability, Paulson stated, "...
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Henry Paulson Tipped Hedge Funds on Government Plans in 2008
Tuesday, November 29, 2011 - 4:59pm | 504According to a recent Bloomberg Markets Magazine article, in the summer of 2008, former Treasury Secretary Hank Paulson tipped off a group of powerful hedge fund managers about a possible scenario where the government would place ailing mortgage GSE's Fannie Mae and Freddie Mac into conservatorship...
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Should Hank Paulson Be In Jail?
Tuesday, November 29, 2011 - 1:58pm | 732In a fairer world, former Treasury Secretary Hank Paulson would spend the next 10 to 12 years in federal prison. In case you missed it, we now have proof that, at the height of the housing crisis and just a few weeks before the public learned that Freddie and Fannie were completely underwater,...
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Where's The Bazooka?
Monday, August 8, 2011 - 9:43am | 764Hank Paulson asked for, and ultimately received his bazooka. For now, it looks like Jean-Claude Trichet is coming out with a squirt gun, when he really needs a RPG launcher at this time. Last night, the European Central Bank announced it would be buying Spanish and Italian bonds, as quantitative...
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After That Release, Should Goldman Be Downgraded To Silverman?
Tuesday, July 19, 2011 - 8:48am | 806That was nothing short of a brutal earnings report from Goldman Sachs (NYSE: GS) and is worth of asking whether the prestigious investment bank has lost its luster on Wall Street. The New York-based investment bank reported earnings of $1.85 per share on $7.28 billion in revenues. Wall Street...
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"Too Big To Fail" Is Bailout Worthy
Tuesday, May 24, 2011 - 1:49pm | 309I watched "Too Big to Fail" last night, and I have to say that the HBO movie was much better than expected, and it gives a mostly accurate depiction of what happened during the 2008 financial crisis. The movie, taken from Andrew Ross Sorkin's best-seller, was able to depict the major players...