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Yup, let's judge people by their former employers, not by their actions. I mean, Hank Paulson's decision not to bail out Lehman would have been totally OK, have
by borism 16y ago
Yup, let's judge people by their former employers, not by their actions. I mean, Hank Paulson's decision not to bail out Lehman would have been totally OK, have he not been former Goldman CEO...
- afterburner 16y agoNot sure how many (if any) layers of sarcasm to strip away, so I'll just say: Hank Paulson's decision not to bail out Lehman was not OK regardless. His former employer simply might have informed that incorrect (for the US/world in general) decision. Simple bias; had GS been on the chopping block, I can personally guarantee he would not have advised letting it tank.
- jongraehl 16y agoHow are you so certain (that he would have treated GS differently)? What evidence would make you change your mind?
- afterburner 16y agoHuman nature; exceptional behaviour from Paulson, which seems unlikely given the kind of person he had to become and loyalty he had to exhibit to get to be at the head of both GS and the Treasury.
- nitrogen 16y agoOne good thing came from letting Lehman die: the creators of Despicable Me were able to label their Bank of Evil as "formerly Lehman Brothers."