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Hank Paulson To Testify Tomorrow

Tyler Durden's picture




A Hill aide has indicated that Hank Paulson has accepted the invitation, and will be present for tomorrow's grilling, keeping his old buddy Tim-O Tax company. We still have to hear if the last straggler, Goldman's Stephen Friedman, will also join the patriarchs of the wealth transfer plan under oath.




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Tue, 01/26/2010 - 12:04 | Link to Comment Anonymous
Tue, 01/26/2010 - 12:10 | Link to Comment Anonymous
Tue, 01/26/2010 - 12:56 | Link to Comment 35Pete
35Pete's picture

I'm sure that the Chair will order him handcuffed and detained as soon as he does. /sarcasm off

Tue, 01/26/2010 - 13:22 | Link to Comment Whizbang
Whizbang's picture

This will be nothing but a show trial, but nothing like the ones in stalin's day. This will be nothing more than a dog and pony show to mollify the idiot masses...

Tue, 01/26/2010 - 16:32 | Link to Comment Anonymous
Tue, 01/26/2010 - 17:06 | Link to Comment Anonymous
Tue, 01/26/2010 - 12:13 | Link to Comment Burnbright
Burnbright's picture

All that is going to happen is them testifying that they don't know or don't remember.

Tue, 01/26/2010 - 13:01 | Link to Comment ChickenTeriyakiBoy
ChickenTeriyakiBoy's picture

busily rehearsing with alberto gonzales

Tue, 01/26/2010 - 12:16 | Link to Comment bugs_
bugs_'s picture

Naw Paulson is pretty good at groveling.  He will do well.

Tue, 01/26/2010 - 12:36 | Link to Comment assumptionblindness
assumptionblindness's picture

Can't wait for the stuttering and a million "ums" from Hank...he is the greatest!  What are the odds that someone pleads the 5th tomorrow?    

Tue, 01/26/2010 - 12:53 | Link to Comment Assetman
Assetman's picture

I'm really not looking forward to watching that horrid, grossly disfigured pinky finger... I wish he just cut the damn thing off and stub the little bugger.

As for pleading the 5th?  No need to.  Hank can just about stammer his way through just about anything.

Tue, 01/26/2010 - 13:04 | Link to Comment WaterWings
WaterWings's picture

+1

Pleading the 5th is a smoking gun. Hanky works for the Treserve - they specialize in putting people to sleep and burning through congresscritter time. This will just be another a blip on the radar - the American public is clueless.

Tue, 01/26/2010 - 12:58 | Link to Comment covered
covered's picture

Don't forget that Paulson made immunity a condition of the TARP deal along with his crews' bonuses. We still don't know the details of that. I'm betting he got full immunity. It is the holy grail of the oligarch.

Tue, 01/26/2010 - 12:36 | Link to Comment Anonymous
Tue, 01/26/2010 - 12:46 | Link to Comment curbyourrisk
curbyourrisk's picture

He is getting dropped off....parachuting out of his jet...  I bet the jet will continue to circle and pick him up the minute he leaves the court....only to be flown back to his secret hideout.

 

 

Tue, 01/26/2010 - 12:53 | Link to Comment Screwball
Screwball's picture

This will be nothing but theatre.  Just like most stints in front of the critters.  Makes for good TV but accomplishes nothing.  If they really want to do the right thing - resign - all of them.

Tue, 01/26/2010 - 12:57 | Link to Comment 35Pete
35Pete's picture

BINGO!!!!!!!!!

Tue, 01/26/2010 - 13:20 | Link to Comment the.spear
the.spear's picture

i'm in 100% agreement with my fellow reader Screwball here.

 

And so may our destruction be swift and painless.

Tue, 01/26/2010 - 12:56 | Link to Comment Anonymous
Tue, 01/26/2010 - 13:04 | Link to Comment Anonymous
Tue, 01/26/2010 - 13:23 | Link to Comment Ned Zeppelin
Ned Zeppelin's picture

1. What will be said by Timmah and Hank "GS Mole" Paulson is being heavily rehearsed as we speak.  The script is being negotiated with Issa's people right now.

2.  As when Cheney accompanied Bush to Capitol Hill in the 9/11 hearings ( a bizarre event if ever there was one), Paulson is there to make sure the stories stay straight and that every testimonial device is employed to ensure everyone has their stories straight and consistent, and to make sure The Clampdown remains firmly in control.

3.  The "ums", "uhs" and " I don't knows" will be recited endlessly.

4.  If you're playing at home at the dorm, chug or do a bong hit everytime Timmah points his finger.

4.  Look also for the periodic appearance of a blood splattered Old Glory, so we understand that these people, despite their apparent inability to form a coherent sentence in response to the few, if any, substantive and probing questions that may be tossed their way (". . . I see I have just a minute left, ah , er, Mr. Paulson, er ha...looking back, is there anything you would have done differently? Er, ah?"), fully believed in all sincerity that there was a catastrophe imminent that would have ended western civilzation had they not acted so bravely and selflessly . . .  

Tue, 01/26/2010 - 13:30 | Link to Comment Anonymous
Tue, 01/26/2010 - 13:59 | Link to Comment Gordon_Gekko
Gordon_Gekko's picture

Ah! Hank Paulson. Uber financial terrorist and head of the GS crime family. Unless people like him are locked in solitary confinement and the key thrown in the sea, the world simply WILL NOT and CANNOT be a safe place.

Tue, 01/26/2010 - 13:59 | Link to Comment Anonymous
Tue, 01/26/2010 - 15:04 | Link to Comment Mr Lennon Hendrix
Mr Lennon Hendrix's picture

Indict Don Paulson!

Tue, 01/26/2010 - 15:23 | Link to Comment Anonymous
Tue, 01/26/2010 - 15:44 | Link to Comment John McCloy
John McCloy's picture

Oh Great. Just in time to plug his new book coming out Feb 2. It is sure to top the NYT fiction list:

http://www.amazon.com/Brink-Inside-Collapse-Global-Financial/dp/04465619...

How does this guy have the audacity to profit off of a book when he already cleaned up on his Goldman bailout? It is very evident he believes the Coup was succesful. Im sure his book will mention Bernankes stand down order and the transfer of treasury money from U.S. citizens directly into AIG accounts to then be transferred to Goldman and friends.

Tue, 01/26/2010 - 15:47 | Link to Comment Anonymous
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