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Category Archive: Secretary Snow

  1. TELL ME IT AN’T SOPAULSON HANDS OUT A “GET OUT OF JAIL FREE” CARD" rel="bookmark">TELL ME IT AN’T SOPAULSON HANDS OUT A “GET OUT OF JAIL FREE” CARD

    This morn­ing on CNBC, Sec­re­tary of the Trea­sury Hank Paul­son advanced the cause of reck­less behav­ior when he inex­plic­a­bly gave the man­age­ment and boards of Fred­die Mac and Fan­nie Mae a “get out of jail free” card. Amaz­ingly, Paul­son announced that he didn’t blame the respec­tive senior exec­u­tives and boards for the fail­ures and that […] [read full story]

    Posted in: Credit Crisis, Criminal Law, Disclosure, economy, Fannie Mae, Finance, Freddie Mac, Paulson, Secretary Snow