Skip to: Content
Skip to: Site Navigation
Skip to: Search

September 6, 2008 12:46:55 AM CDT

Learn about Newser Points »

Stories related to: Henry Paulson

Stories

Stories 41 - 60 of 76

<< Prev 1 2 3 4 Next >>
  • February 2008

    • Paulson Wants to Toss Pennies

      Associated Press  |  Feb 29, 08 4:15 PM CST

      Paulson Wants to Toss Pennies

      (Newser) - Henry Paulson sees little point in pennies and would stop their production if he could, the AP reports. “The penny is worth less than any other currency,” the Treasury Secretary said today in a radio interview. But a sea change in change isn't imminent: Paulson says he has bigger challenges to tackle in the last year of the administration. More »

      Tags

      Henry Paulson  • Treasury Department  • US Mint  • metal prices  • US currency

    • Paulson Raps Mortgage Rescue Plans

      Wall Street Journal  |  Feb 28, 08 7:06 AM CST

      Paulson Raps Mortgage Rescue Plans

      (Newser) - Homeowners burned by the subprime mortgage meltdown shouldn't be looking to the federal government for help, Treasury Secretary Henry Paulson told the Wall Street Journal yesterday. Facing down mounting congressional pressure for stronger measures to stem an epidemic of foreclosures, Paulson dismissed proposals on the table as "bailouts" for reckless lenders, investors and speculators. More »

      Tags

      subprime mortgages  • housing crisis  • Ben Bernanke  • foreclosure  • mortgage crisis  • Henry Paulson

  • January 2008

    • Senate Stimulus 'Too Complex' for Treasury

      Reuters  |  Jan 31, 08 3:28 PM CST

      Senate Stimulus 'Too Complex' for Treasury

      (Newser) - The $157 billion stimulus bill passed by the Senate Finance Committee is "too complex," Treasury Secretary Henry Paulson said today. "Complexity is our enemy," Paulson said of the bill, which is "in danger of looking like a Christmas tree" once it goes to the full Senate. He said he prefers the House's version, which is "simple, broad-based and bipartisan," Reuters reports. More »

    • Deal on Stimulus Package Puts Heat on Senate

      Washington Post  |  Jan 25, 08 1:15 PM CST

      Deal on Stimulus Package Puts Heat on Senate

      (Newser) - The $150 billion package of tax breaks for consumers and businesses rolled out yesterday was the first show of bipartisan cooperation sans bloodletting since the  Democrats won control of Congress a year ago, the Washington Post observes . It took panic over a looming recession to make it happen, and it could still be undone in the Senate. More »

      Tags

      George W. Bush  • Congress  • Senate  • politics  • Henry Paulson  • Senate Democrats  • US Congress  • House Speaker Nancy Pelosi

    • Stocks Rebound After 400-Point Plummet

      Wall Street Journal  |  Jan 22, 08 10:05 AM CST

      Stocks Rebound After 400-Point Plummet

      (Newser) - Stocks are rallying back after a terrifying open that saw the Dow fall over 460 points within minutes, the Wall Street Journal reports. Since then, buyers have returned, spurred on by the Fed’s unprecedented 0.75% emergency rate cut. The rally has so far recouped all but 145 points of the Dow’s drop, and pulled the Nasdaq out of the bear-market territory it had slipped into. More »

      Tags

      stocks  • Henry Paulson  • markets

    • Pending Home Sales Take Giant Plunge

      Bloomberg  |  Jan 8, 08 12:25 PM CST

      Pending Home Sales Take Giant Plunge

      (Newser) - Pending home sales fell 2.6% in November from a revised 3.7% October gain, Bloomberg reports, far outstripping the 0.7% fall analysts predicted after an originally reported 0.6% October gain. The figures support Henry Paulson’s gloomy outlook on the housing market. “There is no evidence it is bottoming,” the treasury secretary said today, reiterating his call for government help for all mortgage holders, not just subprime borrowers. More »

      Tags

      housing crisis  • Henry Paulson  • borrowers  • home resales

    • Paulson Calls for More Housing Relief

      Wall Street Journal  |  Jan 7, 08 9:17 PM CST

      Paulson Calls for More Housing Relief

      (Newser) - Treasury Secretary Henry Paulson advised the mortgage industry today to give help to millions of financially stressed homeowners whose mortgages are set to rise. His comments signal that the Bush administration is starting to push lenders to expand relief beyond subprime borrowers to homeowners with other adjustable-rate loans, reports the Wall Street Journal . More »

      Tags

      Bush administration  • US economy  • subprime mortgages  • housing crisis  • Henry Paulson  • borrowers  • home loans  • Treasury Department  • default  • adjustable rates

  • December 2007

    • China OKs US Health Inspections

      Washington Post  |  Dec 11, 07 10:08 AM CST

      China OKs US Health Inspections

      (Newser) - China will allow US health inspectors to monitor the country’s food and drug exports, the Washington Post reports, a big concession in heated high-level trade talks. China accuses the US media of tarnishing its reputation by overblowing safety concerns, and has in turn questioned US exports. China is the first of many countries the US hopes to station inspectors in. More »

      Tags

      China  • Henry Paulson  • Wu Yi  • US-China trade deficit  • China food exports  • Made in China

    • China Looks to Buy American

      Bloomberg  |  Dec 10, 07 7:27 PM CST

      China Looks to Buy American

      (Newser) - China, increasingly being called upon to more rapidly adjust the growth of the yuan against the dollar, is looking to expand its investment in US assets as a way to funnel its powerhouse currency out of the country, Bloomberg reports today. Treasury Secretary Henry Paulson visits Beijing Wednesday for a third round of strategic trade talks, and will push yuan appreciation as a consumer price control measure. More »

      Tags

      China  • credit crisis  • inflation  • Henry Paulson  • US dollar  • Beijing  • currency exchange  • yuan  • US exports  • trade surplus

    • Bush Mortgage Plan Arrives

      CNN  |  Dec 6, 07 3:01 PM CST

      Bush Mortgage Plan Arrives

      (Newser) - The White House today released its plan to help homeowners threatened by the subprime crisis, asserting 1.2 million could be helped—but only 240,000 of 2.2 million rate resets due next year are covered, CNN reports. The five-year interest rate freeze doesn’t apply to borrowers 30 days late at the time of reset or those 60 days late at any point in the past year. More »

      Tags

      George W. Bush  • mortgage crisis  • Henry Paulson  • borrowers  • Moody's  • adjustable rates

    • Bush to Offer Mortgage Freeze

      Reuters  |  Dec 5, 07 1:07 PM CST

      Bush to Offer Mortgage Freeze

      (Newser) - President Bush will detail tomorrow the Treasury Department's plan to hold interest rates steady for subprime borrowers at risk of defaulting on their mortgages when rates rise, Reuters reports. The plan, negotiated with mortgages lenders and investors, would freeze for five years adjustable loans due to jump to higher rates between Jan. 1, 2008, and summer 2010. More »

      Tags

      George W. Bush  • subprime mortgages  • Henry Paulson  • borrowers  • Treasury Department

    • Treasury Secretary Won't Jump to Citigroup

      Financial Times (UK)  |  Dec 5, 07 4:38 AM CST

      Treasury Secretary Won't Jump to Citigroup

      (Newser) - Treasury Secretary Hank Paulson will stick it out until the end of the Bush presidency and won't jump to Citigroup, the Financial Times reports. His name had been mentioned in connection with the vacant top spot at Citigroup and investors are likely to be disappointed that he has ruled himself out. Citigroup is hoping to find a new boss within the week. More »

      Tags

      George W. Bush  • Citigroup  • Henry Paulson

    • Financials Drag Dow Down

      Bloomberg  |  Dec 3, 07 3:38 PM CST

      Financials Drag Dow Down

      (Newser) - Bad news in the financial sector today meant the first bearish day for the market in five sessions, as Deutsche Bank’s negative prediction for fourth-quarter earnings pushed Morgan Stanley, Merrill Lynch, and Lehman Brothers downward. The Dow fell 57.15 to 13,314.57, the Nasdaq slid 23.83 to 2,637.13, and the S&P 500 lost 8.72 to close at 1,472.42. More »

      Tags

      S&P 500  • Nasdaq  • Dow Jones  • Henry Paulson  • Merrill Lynch  • Lehman Brothers  • Morgan Stanley  • Deutsche Bank  • home builders

    • J'Accuse

      New York Times  |  Dec 3, 07 7:53 AM CST

      J'Accuse

      (Newser) - In an extraordinary New York Times column Republican/libertarian economist, writer, actor, and lawyer Ben Stein accuses Goldman Sachs of being a willing participant in, and even plotting, the collapse of value in the collateralized mortgage obligation (CMO) market. In the last several years Goldman sold $100 billion of the instruments to investors for substantial fees while at the same time shorting CMOs for profit. More »

      Tags

      Henry Paulson  • Goldman Sachs  • Fortune  • Ben Stein

    • Mortgage-Rate Freeze Draws Backlash

      Wall Street Journal  |  Dec 1, 07 11:51 AM CST

      Mortgage-Rate Freeze Draws Backlash

      (Newser) - Not everyone is applauding Treasury Secretary Hank Paulson's plan to freeze adjustable mortgage rates on distressed home loans to help contain the spreading subprime crisis. Some analysts think the plan will only postpone foreclosures, rather than preventing them. And now that loans are bundled and sold to investors, some of those investors resent what they see as government interference with their property, the Wall Street Journal reports. More »

      Tags

      subprime mortgages  • Henry Paulson  • borrowers  • home loans  • Treasury Department

  • November 2007

Stories 41 - 60 of 76

<< Prev 1 2 3 4 Next >>

Today's Most Popular

Premium Articles from HighBeam

Find more articles like this

What is Newser?

2008 Codie Finalist

Newser gives you more news in less time. We search for the best and most important stories all over the web, read them for you, and deliver concise and sharp summaries—along with links to the full text. Newser provides a way to stay on top of an ever-expanding horizon of news and opinion—politics, sports, business, trends, technology, personalities, crimes, and controversies. Newser keeps you not just better informed, but, with our signature graphic interface and smart condensed format, more enjoyably informed.

Learn more »