Paulson’s Plan

Sam Sherraden — Tue, 01 Apr 2008 03:12:00 -0400

The first proposal to reform the financial system since the subprime crisis was announced yesterday by Treasury Secretary Hank Paulson. The proposal aims to create a regulatory environment in which "capital can seek out its most productive uses in an efficient matter." Before his time as Treasury Secretary he worked as co-chief executive at Goldman Sachs, where he argued for reduced regulation and consolidation of regulatory agencies. Yesterday's proposal sought to combine regulatory agencies and expand the powers of the Fed.

Snapshot asks, what parts of the Paulson plan will survive?

Treasury Department - Paulson's Blueprint
Cumberland Advisors - The Paulson Report: "Something Old, Something New, Something Borrowed..."
Fortune - Fed Up with the FED
Wall Street Journal - Paulson Plan Begins Battle Over How to Police Market
Financial Times - Paulson's Gamble