25 People to Blame for the Financial Crisis
The good intentions, bad managers and greed behind the meltdown
When Paulson left the top job at Goldman Sachs to become Treasury Secretary in 2006, his big concern was whether he'd have an impact. He ended up almost single-handedly running the country's economic policy for the last year of the Bush Administration. Impact? You bet. Positive? Not yet. The three main gripes against Paulson are that he was late to the party in battling the financial crisis, letting Lehman Brothers fail was a big mistake and the big bailout bill he pushed through Congress has been a wasteful mess.
See George W. Bush's biggest economic mistakes.
Watch Justin Fox's interview with Paulson.
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