Sunday, January 31, 2010

Economist Online: What Hank Paulson had feared

His book hints that the Treasury was less than enthusiastic about supporting the original Federal Reserve loan with later Tarp equity - but Mr Paulson refused to discuss AIG further. ... "Anticipating another sleep-deprived night, I arrived back at the hotel exhausted. I went into the bathroom of my room and pulled out a bottle of sleeping pills I'd been given. As a Christian scientist, I don't take medication, but that night I desperately needed rest. ...