David Davis

The great bailout

Hank Paulson’s new book is called On the Brink, but it could well have been entitled Over the Edge.

issue 20 February 2010

Hank Paulson’s new book is called On the Brink, but it could well have been entitled Over the Edge.

Hank Paulson’s new book is called On the Brink, but it could well have been entitled Over the Edge. The story of his role as US Treasury Secretary throughout the great banking crash of 2008–9 gives an impression of people being swept along by a swirling chaos of unexpected events, often completely out of control.

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