Paulson writes of Bank of America CEO Ken Lewis's report that "after closer inspection his people now believed that Lehman's assets were in even worse shape than they had thought the previous evening.

As the Wire covered on Tuesday, Andrew Ross Sorkin's new book on the bailout is generating considerable buzz about the incidents of incompetence and shadiness he uncovered. One question in particular ...

Bloomberg Markets magazine has two big scoops this week. Both might leave you with the impression that every person in charge of the economy is doing a horrible job, all of the time. That's only ...

Poor Hank Paulson doesn't deserve the drubbing he's been getting. I'm sure the Treasury secretary had no idea what he was in for when he signed on after the 2006 election, and as my colleague David ...

WASHINGTON -- House lawmakers accused former Treasury Secretary Henry Paulson on Thursday of bending to the demands of a major bank and keeping negotiations of a hefty bailout secret in his rush to ...

It seems that former Treasury secretary Henry Paulson has a new book coming out. It’s supposed to be an inside account of the collapse of the global banking system. Though the book might run into some ...