2009 0716 – GOV (House) – Bank of America and Merrill Lynch: How Did a Private Deal Turn Into a Federal Bailout? Part III – Edolphus Towns (D-NY) 

2009 0716 – GOV (House) – Bank of America and Merrill Lynch: How Did a Private Deal Turn Into a Federal Bailout? Part III, Edolphus Towns (D-NY)

• 2009 0716 – GOV (House-OGR) – Bank of America and Merrill Lynch: How Did a Private Deal Turn Into a Federal Bailout? Part III, (CSPAN) Former Treasury Sec. Paulson on Merrill Lynch Merger, Edolphus Towns (D-NY)  —  [BonkNote]
  • [PDF-212p,  CSPAN-VIDEO]
  • Hank Paulson
  • House – Joint Hearing – Committee on Oversight and Government Reform – Committee on Oversight and Government Reform and the Subcommittee on Domestic Policy of House of Representatives

• (p71) – Marcy KAPTUR (D-OH) – Oh, they are happening, Mr. Paulson. You ought to come and visit us in Ohio and see the results of your handiwork.
• Hank PAULSON. Well, I know how terrible it is. I am just telling you it would have been worse.
• Ms. KAPTUR. If that is your best argument, that is not good enough.
• Mr. PAULSON. I want to explain it to you, because you probably don’t agree there was a crisis.
  …..
• Ms. KAPTUR. I agree it was a crisis of your making–