Word: crisises
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Former Secretary of the Treasury Henry M. Paulson, Jr. managed to maintain a sense of humor while speaking at the Institute of Politics yesterday about the recent financial crisis and his personal experience with decision making in the difficult environment.
Paulson—who graduated from Harvard Business School in 1970—said that when he first assumed his post as Secretray of the Treasury, he recognized problems building up in the financial system and that the United States was “overdue” for a financial...
“I don’t know what will cause the crisis, but after the fact it will be painfully obvious,” he had told the former President George W. Bush.
Dealing with the financial crisis was “an all out race to stave off disaster,” Paulson said last night. He added that he never let himself think about the possibility that the financial system would fail, although it was “on the brink?...
Polls show strong public backing for a withdrawal and for the Labor Party's stance. But the real victors in the next elections could end up being smaller parties at the fringes of mainstream politics, with polls indicating that the anti-immigrant Freedom Party of Geert Wilders might take second...