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...Fannie Mae and Freddie Mac were peddling. "Yeah, I and everyone else placed Fannie and Freddie debt," he says, but "We didn't create this system and this was a mess that had to be cleaned up." He also acknowledges that he put the former Fannie Mae head, Jim Johnson, on the board of Goldman, and that Johnson chaired Paulson's compensation committee...

Author: /time Magazine | Title: Paulson: 'I Believe We're Going to Get a Bill That Works' | 9/24/2008 | See Source »

...Johnson was on our board. I don't make him Chairman of the Compensation Committee, the CEO doesn't do that, but Jim Johnson was on our board...

Author: /time Magazine | Title: Q&A: Secretary of Treasury Henry Paulson | 9/24/2008 | See Source »

There are plenty who are happy to have someone who knows that market as well as you do in the center the storm. One further along this line, though, you did also place Jim Johnson on the board of Goldman Sachs and made him chairman of your compensation committee. Is that correct...

Author: /time Magazine | Title: Q&A: Secretary of Treasury Henry Paulson | 9/24/2008 | See Source »

...mission will be the country's first to carry three astronauts - or hangtianyuan, as they are called in Chinese - into orbit. The spacecraft, a modified version of the Russian Soyuz vessel, will carry a Russian and a Chinese-designed space suit. "This is big," says Joan Johnson-Freese, an expert on the Chinese space program at the Naval War College in Newport, Rhode Island. "It's not easy to design a space suit that's flexible and has life support...

Author: /time Magazine | Title: China's New Venture in Space | 9/24/2008 | See Source »

...says. Like America during the last space race, China could expect a space program would lead to job creation in high-tech fields, dual use technology that can have military applications and heightening interest among students in math and science fields. "The Chinese have read the Apollo playbook," says Johnson-Freese. "They understand everything the U.S. got from lunar program...

Author: /time Magazine | Title: China's New Venture in Space | 9/24/2008 | See Source »

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