Vanity Fair: "Henry Paulson's Longest Night"

It looks like a campaign is on at CNBC with the help of Vanity Fair to exonerate the former Treasury Secretary Hank Paulson, or at least paint him in a very sympathetic color. According to this video that was posted at Market Ticker, Paulson was very pleased with Nancy Pelosi, and Barney Frank had a high respect for him.

The Vanity Fair writer then reveals that 10 days before he was to present the TARP plan to Congress to buy troubled assets from the nation's banks, Paulson told him that he would use the TARP money to inject capital into the banks.

(Of course) CNBC crew pay absolutely zero attention to what he's just said.

And here's the link to the Vanity Fair article, "Henry Paulson’s Longest Night" (Vanity Fair, October 2009 issue).

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