I know Bush hired him to get Wall Street cred ... but seriously, how much cred does a guy have if he’s the former CEO of one of the first companies to go under in all of this.
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FYI, Paulson was CEO of Goldman - one of the last firms standing. Nevertheless, I do have my doubts about Paulson, it does seem that he is serving Obama’s interest more than Bush’s. I am not sure if it makes sense to let him go during a market crisis like this. Do you know anyone that would want to jump into this mess??
Paulson, a Democrat, was one of Bush’s dumber appointments from day one.
Paulson also hired Obama supporters (Dems) as his two chief assistants after getting the job. I think Paulson should be investigated about his role in all of this.
Bush’s stand to back Paulson against the GOP speaks volumes about why some of us are so disgusted with this President.