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3-27-2009 5:42 AM
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papananook says:
The Maestro
HENRY PAULSON

WAS CEO of Goldman Sachs (1999-2006); Treasury secretary (2006-2009)
WHAT HE DID Pushed for end to debt restrictions for banks like Goldman, then arranged big bailout for Goldman.
WORST MOVE TARP proposal just three pages long; made his decisions "non-reviewable."
NOW SAYS "I don't think we've made mistakes on the major decisions."

The Big Loser
DICK FULD

WAS CEO of Lehman Brothers (1993-2008)
WHAT HE DID Piloted Lehman to largest ­bankruptcy in U.S. history; earned $22 million the year firm went bust.
WORST MOVE Tried to avoid lawsuits by selling his $13 million Florida home to his wife for $100.
NOW SAYS Feels "horrible" about Lehman, but insists his management was "prudent and appropriate."

Mr. Too Big
KEN LEWIS

IS CEO of Bank of America (2001-present)
WHAT HE DID Created ultimate too-big-to-fail company, buying up Fleet, MBNA, Countrywide and Merrill Lynch.
WORST MOVE Failed to catch a $15 billion loss at Merrill before buying the
3 Comments   | Add a Comment
3-27-2009 11:17 AM
ColoradoRight
Funny - nothing there about Clinton and his minions using Fannie and Freddie as community-organizing piggybanks and pressuring banks to make loans to people who had no way in hell of paying them back.

What is that called? Oh yes - sub-prime mortgages.
3-27-2009 11:22 AM
ratilfar
Yes CR...always blame the victims. Wrong again!
3-28-2009 5:13 AM
papananook
Yeah, Clinto was a coprporate hack, too...So what? almost all of DC is.
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