WHEN HANK PAULSON stood on the lawn of the White House on September 29, just hours after the US House of Representatives had failed to pass his proposal to rescue the US banking system, it was almost too painful to watch.
Here was one of the former titans of Wall Street, the most powerful man in international finance, at his wit’s end: drawn, haggard, desperate – seemingly almost on the point of collapse, just like the global economy he was trying to save.
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