My dad was a tough taskmaster. I always worked, but we also had fun. Q: Wendy, you were raised in a military family. Was your father similarly tough? WP: My father was in the Marine Corps, but he was not a drill sergeant. Just the opposite - incredibly liberal-minded, committed to education. Q: What attitudes did your parents have about money?
HP: I grew up with a strong set of values - and one was never judging someone by how much money they had. Barrington, Illinois is a rural community - there are farms, the middle class, and a group of wealthy people who lived there, who hung around the country club. I never cared about money. When I was at school, I never wanted a car. Paulson and his counterpart at the Federal Reserve bailed out banks to stabilize financial markets, actions that remain unpopular to this day.
The new law, the biggest economic stimulus package in U. Critics of the bill, eager to avoid a replay of the bailouts in which finance executives fared far better than many borrowers, have questioned how authorities will dole out the massive amounts of aid to corporations.
Accessed Feb. China Strategic Economic Dialogue. Treasury Department. Top Stocks. International Markets. Federal Reserve. Your Privacy Rights. To change or withdraw your consent choices for Investopedia. At any time, you can update your settings through the "EU Privacy" link at the bottom of any page. These choices will be signaled globally to our partners and will not affect browsing data.
We and our partners process data to: Actively scan device characteristics for identification. I Accept Show Purposes. Your Money. Personal Finance. Your Practice. Popular Courses. Who is Henry Paulson? Key Takeaways Henry Paulson served as the Treasury Secretary in the Bush administration during the financial crisis. Paulson, Jr. He is the founder and chairman of the Paulson Institute. Paulson is dedicated to the advancement of free markets, environmental protection, the rule of law, and upholding the basic rights of democracy.
Throughout his professional life, he has worked around the globe to support these ideals. His career spans two stints in the public sector, a career in the private sector, and the founding of his own not-for-profit. Bush, from July to January He also designed the Strategic Economic Dialogue to revitalize the way US-China relations were conducted, achieving major breakthroughs on currency manipulation, trade flows, the environment, food and product safety, and global financial stability.
As a banker, he grew the Goldman Sachs presence in China, believing that it was important to bring best in class practices and standards to China. Earlier in his career, he was a member of the White House Domestic Council as well as a staff assistant at the Pentagon.
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