He negotiated with China on needed economic reforms, while safeguarding the teetering U. Over his career, Paulson has worked with scores of top Chinese leaders, including Xi Jinping, China's most powerful man in decades.
He draws on his unprecedented access to modern China's political and business elite, including its three most recent heads of state, to answer several key questions:.
Henry M. Paulson, Jr. Bush, from July to January Prior to that, he had a thirty-two year career at Goldman Sachs, serving as chairman and chief executive officer beginning in Measure content performance. Develop and improve products. List of Partners vendors. Henry Paulson, the 74th Secretary of the U. Treasury , served under President George W. Bush between July and January Paulson is best known for leading the response to the financial crisis while serving as the of Secretary of the Treasury.
Henry Paulson was a successful American banker prior to his stint in public service. He began his career on the White House Domestic Council as a staff assistant between and Paulson then joined Goldman Sachs in Paulson's time at Goldman Sachs was notable for the connections he forged with China - a country that he recognized early on was well on its way to becoming an economic powerhouse.
Paulson's successful career in banking has, however, been almost entirely overshadowed by the fact that he joined the Bush administration as Treasury Secretary a year before an unprecedented financial market meltdown. The financial crisis is still considered the worst economic disaster since the Great Depression of The root of it has not been traced to one single event or cause. Instead, it was the result of a sequence of events, each with its triggering mechanism, which led to near-collapse of the banking system.
As there was no set playbook to pull from as far as a policy response, Paulson and Bernanke attempted to walk a fine line where some institutions such as Lehman Brothers were allowed to fail while others like Bear Stearns and Merrill Lynch were saved through acquisitions undertaken with tacit support from the U. Like Bernanke, Paulson has been criticized for his response to the financial crisis from all sides. Some have pointed to Lehman Brothers as a major mistake that led directly to a worsening of the crisis.
Father: Henry Merritt Paulson, wholesale jeweler. Mother: Marianna Gallauer Paulson. Marriage: Wendy Judge September present. Education: Dartmouth College, B. And the little bird froze for a while, froze and froze, and pretty soon—boom! This being a nature walk, however, Paulson stuck to natural metaphors. You cut out the buckthorn, you burn. You let the natural prairie grasses grow.
0コメント