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Meaning
Paulson is saying he did not think public money should be used to handle Lehman Brothers' collapse. The quote frames his view as a firm opposition to using taxpayer funds in that situation.
When It Was Said
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Who It Was Said To
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Historical Context
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Source
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Original Language & Translation
Originally said in English.
Did They Really Say It?
No source found on Wikiquote; the quote is listed as attributed.
Did You Know?
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About Henry Paulson
Henry Merritt “Hank” Paulson Jr. is an American investment banker and financier. He served as the 74th United States secretary of the treasury from 2006 to 2009, after leading Goldman Sachs as chairman and chief executive officer. Before entering government, Paulson built his career in high finance at Goldman Sachs, where he held the firm’s top leadership roles. He is known for his work in investment banking and for his time at the Treasury Department.
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