Henry Paulson

Paulson was the designated leader of the Bush Administration's efforts in 2008 to nationalize the cost of bad loans made by financial institutions.
Brooks Kraft / Corbis

Big Bailout
Paulson was the designated leader of the Bush Administration's efforts in 2008 to nationalize the cost of bad loans made by financial institutions. Working with Federal Reserve Chairman Ben Bernanke, he influenced the decision to create a $700 billion bailout plan.

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