Financial Services Industry
Industry: Email Alert RSS FeedPaulson joins Bush at economy's helm.(Reverse Spin)
Investment News, July, 2006
Byline: Frederick P. Gabriel Jr. Let's hope that Henry Paulson showed up for his first day of work wearing boat shoes. Last Monday, the former chief executive of The Goldman Sachs Group Inc. of New York was sworn in as the 74th U.S. Treasury secretary, making him a lead player in the Bush administration's effort to repair its image.
"Paulson will play a direct role in righting the economic ship and position the administration to get proper credit for the strong economy,'' Charles Gabriel, an analyst with Prudential Equity Group LLC in New York, reportedly said. At the swearing-in ceremony, President Bush said Mr. Paulson has the dubious distinction of being his "leading policy adviser'' on domestic and international economic issues, as...
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