Is Henry Paulson the right person to run a $700 billion bank bailout? In assessing this question USA Today headlined "The Hammer's" history as a football player, as it presented the assessment of his personal friends. It doesn't mention the fact that The Hammer somehow managed to completely overlook an $8 trillion housing bubble and that he minimized the extent of the country's financial problems at every point over the last year and a half. This information might be more relevant to his qualifications for managing the bailout.
The American Prospect is nonprofit, reader-funded journalism—and we need your help.
Our reporters dig deep, hold power to account, and explain how policy shapes people’s lives. If you value independent journalism that goes beyond the headlines, now’s the time to support it.
Here’s how you can help: • Donate to power fearless reporting
• Subscribe to get our print magazine 6x/year.
