treasury secretary henry paulson

Former Treasury Secretary Henry Paulson says he was justified last year in suggesting that Bank of America Corp.’s chief executive could lose his job if the bank didn’t buy Merrill.

Former Treasury Secretary Henry Paulson has said in written testimony that the Bush administration's response to the financial crisis late last year was "not perfect" but "saved this nation from great peril."

Former Treasury Secretary Henry Paulson on Wednesday defended his response to the economic crisis last year as an imperfect, but necessary rescue that spared the U.S. financial market from total collapse.

Former Treasury Secretary Henry Paulson will testify next month before a House committee that's investigating whether he and other government officials pressured Bank of America Corp. to acquire Merrill Lynch in a deal that cost taxpayers $20 billion.