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Topic: Hank Paulson


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In the News (Sat 19 Dec 09)

  
  Henry M. Paulson, Jr. - Wikipedia, the free encyclopedia
Paulson received his BA in English literature from Dartmouth College in 1968 (where he was a member of Phi Beta Kappa and All Ivy, All East, and honorable mention All American for football [2]).
Paulson was Staff Assistant to the Assistant Secretary of Defense at the Pentagon from 1970 to 1972.
Paulson at Goldman Sachs, each left the company to serve in government: Corzine as a U.S. Senator (now Governor of New Jersey), Friedman as chairman of the National Economic Council (NEC), and Rubin as both chairman of the NEC and Treasury secretary under President Clinton.
en.wikipedia.org /wiki/Hank_Paulson   (554 words)

  
 Nature Conservancy News Room - Henry M. Paulson, Jr., Chairman of the Board of Directors of The Nature Conservancy - ...
Prior to joining Goldman Sachs, Hank Paulson was a member of the White House Domestic Council, serving as Staff Assistant to the President from 1972 to 1973, and as Staff Assistant to the Assistant Secretary of Defense at the Pentagon from 1970 to 1972.
Hank serves on the Boards of Catalyst, the J.L. Kellogg Graduate School of Management at Northwestern University, and is a member of the board of the Dean's Advisors of the Harvard Business School.
Hank is a member of the Board of Directors of The Nature Conservancy and Co-Chairman of its Asia Pacific Council.
www.nature.org /pressroom/leadership/art11950.html   (441 words)

  
 Hank 1946– Paulson - PLANS TO BECOME A FOREST RANGER
Paulson, who had been a vice chairman and COO reporting to Corzine, was a longtime dissenter on the IPO and pledged his support only when Corzine agreed to make him his equal.
Paulson suggested that a more appropriate way for Wall Street members to voice their opinions on NYSE issues would be through the creation of a separate advisory committee.
Paulson's number-two executive was said to be angling for his job, and the likelihood that he would succeed was only increased by the possibility of a highly publicized lawsuit.
www.referenceforbusiness.com /biography/M-R/Paulson-Hank-1946.html   (3176 words)

  
 Bush Announces Paulson Nomination
Hank shares my philosophy that the economy prospers when we trust the American people to save, spend and invest their money as they see fit.
When the corporate scandals broke, Hank showed his leadership and character by calling for reforms that would strengthen the way American's public companies are governed and improve their accounting practices.
PAULSON: Of course, the whole world is dependent upon the U.S. economy as a major engine of its growth.
www.washingtonpost.com /wp-dyn/content/article/2006/05/30/AR2006053000452_pf.html   (1532 words)

  
 Does CEO Hank Paulson Run Goldman Sachs for Himself?, Asks Shareowner Group
Paulson is not only the Chairman and CEO of Goldman Sachs, but he is also the Chairman of the Board of the Nature Conservancy, an environmental activist group.
Paulson once considered leaving Goldman to become the CEO of the Nature Conservancy and "says his commitment to the environment is largely self-interest: 'It isn't like I'm trying to do good.
Paulson is going to continue as chairman of both Goldman Sachs and the Nature Conservancy, shareowners should know that the controversy involving the Nature Conservancy won't adversely impact shareowner value.
www.prnewswire.com /cgi-bin/stories.pl?ACCT=104&STORY=/www/story/03-28-2006/0004328362&EDATE=   (915 words)

  
 USATODAY.com - Paulson brings extensive portfolio   (Site not responding. Last check: 2007-10-19)
Paulson, 60, has served as the sole chairman and chief executive officer of Goldman Sachs, a premier Wall Street firm, since May 1999.
Although Paulson is known as one not to crave the spotlight, he isn't afraid to be in its glare.
Paulson, clad in a crisp dark suit, gripped both sides of the podium as he talked about his more than three decades in finance and the role of the United States in the global economy.
usatoday.com /news/washington/2006-05-30-paulson-profile_x.htm?csp=34   (576 words)

  
 USATODAY.com - Treasury nominee is environmentalist   (Site not responding. Last check: 2007-10-19)
Hank Paulson, whom President Bush nominated Tuesday as the next U.S. Treasury secretary, has run Goldman Sachs for eight years but is not your stereotypical Wall Street CEO.
Paulson, a Republican, is atypical in his passion about the environment, a passion critics say has interfered with his responsibility to shareholders.
"Paulson takes the helm at Treasury during a time when the economy is vibrant, with first-quarter GDP at a bullish 5.3% and creating 173,000 new jobs per month," Hank McKinnell, chairman of Business Roundtable and chairman and CEO of Pfizer, said in a statement.
www.usatoday.com /money/2006-05-30-paulson-money-usat_x.htm   (669 words)

  
 Quotes: Comments on Paulson's nomination - Boston.com
Hank will also be an important representative of the United States on the international scene.
Hank will be a great addition to your administration." --Treasury Secretary John Snow, speaking at nomination ceremony.
Hank has always had a deep dedication to serving others and now he will answer the call for public service, if confirmed by the Senate as the 74th secretary of the Treasury." --Donald Evans, former commerce secretary under Bush.
www.boston.com /news/nation/washington/articles/2006/05/30/quotes_comments_on_paulsons_nomination   (520 words)

  
 Dartmouth News - Alumni gift endows Dartmouth football coach position in memory of former coach Bob Blackman - 11/13/00
Paulson's success on the gridiron was matched by his success in the classroom: a citation-winning English major, he was elected to Phi Beta Kappa and was awarded an NCAA scholar-athlete post-graduate fellowship.
Paulson is now Chairman and Chief Executive Officer of Goldman Sachs, one of the world's premier financial institutions.
Paulson was one of more than 100 of Blackman's players who returned to Dartmouth November 10-12 for the reunion celebrating the Blackman era.
www.dartmouth.edu /~news/releases/2000/nov00/blackman.html   (464 words)

  
 newsobserver.com | A rigorous boss for Treasury
WASHINGTON - Goldman Sachs chief Henry M. Paulson, President Bush's choice to be Treasury secretary, is a 32-year Wall Street veteran who is as at ease in the pressure-cooker world of finance as he is in pursuing his passions for fishing and bird-watching.
Although Paulson is expected to win Senate approval with little difficulty, Democrats signaled that they would use his confirmation to highlight troubling aspects of the nation's outwardly strong economy, including high energy prices.
Paulson, in a crisp dark suit, gripped both sides of the podium as he talked about his more than three decades in finance and the role of the United States in the global economy.
www.newsobserver.com /104/story/445326.html   (963 words)

  
 Capital Eye - Treasury Nominee Is a Major GOP Donor
In nominating Goldman Sachs CEO Hank Paulson to be the next Secretary of the Treasury, President Bush tapped a major Republican donor who has been more generous to the party than outgoing secretary John Snow.
Paulson is not the first Goldman Sachs executive to trade a multi-million-dollar paycheck for a government salary.
Paulson is the latest Treasury nominee whom President Bush has plucked from corporate America and an industry regulated by the department.
www.capitaleye.org /inside.asp?ID=218   (896 words)

  
 ZoomInfo Web Summary: Henry Paulson
Paulson is a member of the Board of Directors of the NYSE and a member of the Board of Directors of the Peregrine Fund, Inc..
Paulson also serves on the Advisory Board of the J.L. Kellogg Graduate School of Management at Northwestern University, is a member of the Board of Directors of the Associates of Harvard Business School and is Chairman of the Advisory Board of the Tsinghua University School of Economics and Management.
Paulson was a member of the White House Domestic Council serving as staff assistant to the President from 1972 to 1973 and as staff assistant to the Assistant Secretary of Defense (Comptroller) at the Pentagon from 1970 to 1972.
www.zoominfo.com /Search/PersonDetail.aspx?PersonID=425147   (1805 words)

  
 Politics - Paulson brings broad portfolio to Cabinet - sacbee.com   (Site not responding. Last check: 2007-10-19)
Paulson, 60, has served as the chairman and chief executive officer of Goldman Sachs, a premier Wall Street firm, since May 1999.
Robert Rubin, one of Paulson's predecessors, served as Treasury secretary in the Clinton administration; Jon Corzine, who at one time had been co-CEO of Goldman Sachs with Paulson, served as a U.S. senator from New Jersey and is now governor of that state.
Lackritz called Paulson "an ideal candidate" for the Treasury post, saying that his knowledge of the people and issues globally will be helpful in developing U.S. policies for the international arena.
www.sacbee.com /24hour/politics/story/3298803p-12155714c.html   (940 words)

  
 New Hope International - Global Partnerships
Hank Paulson, a veteran of this approach, has addressed these issues head on.
Hank has managed to bridge the gap between all of the approaches to missions with one simple concept.
Hank Paulson knows this well, and he has given us a workable strategic design for moving to a new level in our ministry to Eastern Europe."
www.newhopeinternational.org /gbp.htm   (254 words)

  
 Wall $treet Week with FORTUNE . In the News | PBS
Paulson's particular favorites are birds and animals of prey: "I'm fascinated because they're at the top of the food chain." If they're healthy, he adds, the ecosystem is healthy.
Paulson's challenge is to prod these busy execs to devote as much time to the cause as he does.
Paulson has helped win the support of the Chinese government: It has committed more than $3 million and hundreds of scientists to the Yunnan project, which covers an area the size of Ireland and is home to three million.
www.pbs.org /wsw/news/fortunearticle_20031229_01.html   (1532 words)

  
 FT.com / US / White House shake-up - Bush names Hank Paulson as Treasury chief   (Site not responding. Last check: 2007-10-19)
Hank Paulson, chairman and chief executive of Goldman Sachs, was on Tuesday nominated as US Treasury secretary, a move that could revive the power of the department and boost confidence in the Bush administration’s handling of the economy.
Josh Bolten, Mr Bush’s chief of staff and a former Goldman employee, was an influential figure in courting Mr Paulson.
Mr Paulson has remained at the helm of Goldman for longer than many had expected, but his appointment still came as a shock to the bank’s executives who for weeks had expressed confidence that he would continue to rebuff entreaties from Washington.
news.ft.com /cms/s/3bc07bb8-efe0-11da-b80e-0000779e2340.html   (573 words)

  
 Hank Paulson   (Site not responding. Last check: 2007-10-19)
Prior to joining the firm in 1974, Hank was a member of the White House Domestic Council, serving as Staff Assistant to the President from 1972 to 1973 and as Staff Assistant to the Assistant Secretary of Defense (Comptroller) at the Pentagon from 1970 to 1972.
Hank is a member of the Board of Directors of the New York Stock Exchange as well as a member of the Board of Directors of Catalyst.
Paulson is a member of the Board of Governors of The Nature Conservancy, Co-Chairman of the Asia/Pacific Council of The Nature Conservancy, and a member of the Board of Directors of The Peregrine Fund, Inc.
www.hbscny.org /More/moreHankPaulson.htm   (299 words)

  
 Bush nominates Paulson as treasury chief
Paulson, a top Wall Street banker who has done business in China, was nominated by Bush to be the new US treasury secretary in place of John Snow.
Henry Paulson, a top Wall Street banker who has done business in China, was nominated by President George W. Bush to be the new US treasury secretary in place of John Snow.
Paulson, 60, "has an intimate knowledge of financial markets and ability to explain economic issues in clear terms," Bush said at a White House announcement in naming the top economic official his administration.
www.turkishpress.com /news.asp?id=126001   (701 words)

  
 HBS Alumni - HBS Bulletin
As one of the key business leaders who has spoken out about corporate responsibility, Paulson praised the free-market system and cautioned that the United States must be careful not to go too far in the direction of regulation.
Paulson then took questions from the mostly student audience, which included several previous Goldman employees.
After admitting it was a fair point, Paulson said, “People need to learn to say no. I know it’s not easy in our industry and in our firm, but wherever you go it’s going to be hard.” Paulson then offered a personal note about when his children were one and three years old.
www.alumni.hbs.edu /bulletin/2004/june/update_pbs.html   (455 words)

  
 Brad DeLong's Semi-Daily Journal: The Paulson Treasury Appointment
It is interesting that Paulson is Chairman of The Nature Conservancy, the biggest financially of all the environmental organizations, and was instrumental in establishing the large joint TNC/Chinese government environmental project in southwest China.
Hank Paulson, chair of Goldman Sachs, will inevitably be compared to Robert Rubin, who was also a chair or vice-chair of GS, before becoming Treasury Secretary under Bill Clinton.
Paulson is unlikely to enjoy the almost deferential regard that Robert Rubin enjoyed as Treasury Secretary.
delong.typepad.com /sdj/2006/05/the_paulson_tre.html   (2316 words)

  
 sweet: Treasury Sec. Snow out. Bush taps Henry Paulson as third treasurer of his administration.   (Site not responding. Last check: 2007-10-19)
As Treasury Secretary, Hank will be my principal advisor on the broad range of domestic and international economic issues that affect the well-being of all Americans.
When the corporate scandals broke, Hank showed his leadership and character by calling for reforms that would strengthen the way America's public companies are governed and improve their accounting practices.
Paulson is not on the board of any public company other than Goldman Sachs.
blogs.suntimes.com /sweet/2006/05/treasury_sec_snow_out_bush_tap.html   (1681 words)

  
 Power Play - Newsweek Business - MSNBC.com
Paulson, in his only public comments about Grasso since the controversy erupted, told NEWSWEEK that he thinks the whole episode has been "a real tragedy.'' He acknowledges he led the ditch-Grasso effort, but says he had no other choice.
Paulson also tried to warn Grasso about his decision last year to appoint former Citigroup CEO Sandy Weill to the NYSE board at a time when Weill was under scrutiny by regulators for any role in fraudulent stock research practices (he was never charged).
For all their ups and downs, though, it was Grasso who invited Paulson onto the NYSE board in 1999, and was a director when Grasso landed a single-year haul two years later of $30 million.
msnbc.msn.com /id/5092750/site/newsweek   (1351 words)

  
 TigerHawk
First, perhaps Paulson does not think that the Bush administration is as lame as the received wisdom believes it is. He thinks he can be part of the team that turns it around.
Second, regardless of the prospects for the Bush administration, perhaps Paulson believes that this is his most direct route to a career in politics a la predecessor Jon Corzine.
Hank Paulson is also outgoing Chair of The Nature Conservancy's Board of Governors.
tigerhawk.blogspot.com /2006/05/hank-paulson-bets-on-george-w-bush.html   (628 words)

  
 BW Online | March 4, 2002 | Wall Street's Lone Ranger
Paulson leapt in as the enforcer--and with the help of his now co-presidents, John A. Thain, 46, and John L. Thornton, 48, dumped Corzine, completed the offering, and made himself and the other 220 partners each an average of $100 million richer.
Paulson's nightmare is that an employee may feel too pressured and make a mistake--and put the firm's reputation on the line.
So concerned is Paulson that his ambitious strategy might be torpedoed by a screwup that he's at pains to remind staffers of incidents that put the firm in jeopardy.
www.businessweek.com /magazine/content/02_09/b3772001.htm   (3303 words)

  
 NationMaster.com - Encyclopedia: Goldman Sachs   (Site not responding. Last check: 2007-10-19)
Hank Paulson is an American businessman, currently the Chairman and CEO of Goldman Sachs, a large investment bank.
On Tuesday, May 30, 2006, President George W. Bush appointed Paulson as the United States Secretary of the Treasury.
On Tuesday, May 30, 2006 CEO Henry M. Paulson left Goldman Sachs to join President Bush's cabinet as the Secretary of Treasury.
www.nationmaster.com /encyclopedia/Goldman-Sachs   (4269 words)

  
 Goldman Sachs Chairman Hank Paulson Calls For Action To Restore Investor Confidence
Paulson said, with the focus on fundamental principles to ensure that all the risks and rewards of an entity are properly recorded and disclosed to shareholders.
Paulson urged the FASB to review "historic cost" accounting which, he said, is hopelessly antiquated for companies primarily engaged in financial services or, for companies heavily involved with financial instruments, such as Enron.
Paulson said, the firm recently announced a number of important steps, beginning with the positive reaffirmation of the principles of integrity, independent thought, analytic rigor and transparency - which were codified into a statement of Investment Research Principles.
www.gs.com /our_firm/media_center/articles/press_release_2002_article_918630.html   (1509 words)

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