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If I had any doubts that we were about to enter a new, ugly phase of the crisis, they were erased when General Electric CEO Jeff Immelt stopped by to see me a little before 6:00 p. Paulson was pleased to hear Fuld was now taking this seriously but afraid it was all too late. cities, and the United States could never mobilize a large enough army to defeat China in a land invasion.
Given the rumors in the newspapers, everyone at the panel knew exactly where he was headed. But for all his carnival-barker antics, people on Wall Street knew Cramer was no fool.
It sees institutions basically as constraints Unknown to the public, Paulson was now officially free to help Goldman Sachs.
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