Definition of Henry Paulson:
Henry Paulson, the 74th Secretary of the U.S. Treasury, served under President George W. Bush between July 2006 and January 2009. Before his tenure as Secretary of the Treasury, Henry “Hank” Paulson, Jr. worked for Goldman Sachs for 32 years, including his time as the chairman and chief executive officer.
Former Treasury Secretary of the United States appointed under the Bush Administration on June 28, 2006. Paulson served as Chairman and Chief Executive Officer of Goldman Sachs before his appointment as Treasury Secretary. Paulson was at the center of the Bush Administrations bailout effort during the height of the credit crisis. He was succeeded by Treasury Secretary Timothy Geithner on January 26, 2009.
Henry Paulson is an American banker who is best known for his efforts to resolve the 2008 financial crisis while serving as the of Secretary of the Treasury. The 2008 financial crisis is considered the worst economic disaster since the Great Depression of 1929. The root of it has not been traced to one single event or cause. Instead, it was the result of a sequence of events, each with its triggering mechanism, which led to near-collapse of the banki.
Meaning of Henry Paulson & Henry Paulson Definition