Lawmakers Accuse Paulson of Deception

Summary


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

Paulson was defiant in his responses and admitted no wrongdoing.

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Extract


Lawmakers Accuse Paulson of Deception

"No one was tougher than I was in protecting the American taxpayer," he tol...

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