Conflict Of Interest


Another question that needs to be raised is this. Hank Paulson, our Treasury Secretary, used to be the head of Goldman Sachs, one of the companies being hit the hardest by short-selling. What does he personally have to gain by a halt in Goldman Sach's decline? Is his money in a blind trust? How much Goldman stock does he own? Does this not just seem like a really serious conflict of interest?


Sean Paul Kelley September 19, 2008 - 7:03am
( categories: Analysis | Economics: USA | The Markets )

..and most certainly isn't unique to Bush's administration.

Might as well continue to point out the obvious, though, and keep reminding us all....

-5.75,-4.05
"God gives men a brain and a penis, and only enough blood to run one at a time." -- Robin Williams

justadood September 19, 2008 - 10:25am

n/t

tjfxh September 19, 2008 - 12:09pm

The better question might be which members of the Bush Administration don't have a conflict of interest. Surely not many if any.

Phil September 19, 2008 - 1:35pm

but for Morgan. He'll likely join them(in some distanced form) when he leaves office. Although he does not need to. He's worth 500mm.
http://english.cri.cn/3126/2007/03/07/45@202893.htm

http://mauberly.blogspot.com/

mauberly September 19, 2008 - 9:49pm

I had heard the figure of 700 million. Maybe he's taken a hit too?

tjfxh September 19, 2008 - 10:11pm

blinds some to the meaning of "conflict of interest". The conflict is viewed as an asset that is to be exploited.


"While not a Playboy reader, she invites a male acquaintance in for a quiet discussion of Chagall, Nietzsche, jazz, sex." - not a Hugh Hefner quote

adrena September 19, 2008 - 10:48pm

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