Hank Paulson

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An employee of Lehman Brothers carries a box out of the company’s HQ building (background) while dodging the media assembled outside on September 15th, 2008, in New York. Photograph: Chris Hondros/Getty Images

This Saturday, September 15th, marks the 10th anniversary of the collapse of Lehman Brothers. The biggest corporate bankruptcy in history, Lehman’s fa(...)

 Pedestrians walk by the New York Stock Exchange on September 15th, 2008, in New York City, US. File photograph: Spencer Platt/Getty Images

On Monday September 15th, 2008, Americans woke to the news that Lehman Brothers, one of the giants of US banking, was filing for bankruptcy. TV screen(...)

Trump on Paris: the US cannot be made “great” by rejecting global responsibility and embracing coal. Photograph: Saul Loeb/AFP/Getty

The United States is a rogue superpower. Its decision last week to renounce participation in the Paris Agreement, the climate accord reached in the Fr(...)

Steven Mnuchin: “By cutting corporate taxes, we’re going to create huge economic growth and we’ll have huge personal income.” Photograph: Albin Lohr-Jones/Pool

A sharp cut in US corporation tax is to be a priority for the new Trump administration, underlining the huge challenges which Ireland will face in att(...)

US president Barack Obama is expected to voice his opposition to a British exit from the European Union during his visit to Britain beginning on Thursday night. Photograph: Michael Reynolds/EPA

US president Barack Obama lunches with Queen Elizabeth on Friday at Windsor Castle and meets prime minister David Cameron, but the focus on his visit (...)

 Goldman Sachs partners typically earn a base salary of about $900,000
Photograph: Bloomberg

Irishmen Fergal O’Driscoll and Colin Ryan have joined 76 other employees in being inducted into the elite partnership of the global investment bank Go(...)

Timothy Geithner, president and managing director of Warburg Pincus LLC and former US Treasury secretary, walks to the US Court of Federal Claims in Washington yesterday. Photograph: Andrew Harrer/Bloomberg

The failure of American insurance giant AIG in September 2008 would have been “even more damaging” than the failure of Wall Street bank Lehman Brother(...)

Barney Frank: former chairman of the House Financial Services Committee ensured mark-to-market practice ended. Photograph: Charles Dharapak/AP

The economic crisis sparked by the subprime mortgage market in the US was the fault of an accounting rule, guests heard a US economist argue over dinn(...)

Warren Buffett, chairman and chief executive of Berkshire Hathaway, speaking at Georgetown University in Washington DC last Thursday. Photograph: Andrew Harrer/Bloomberg

When you’re trapped in a city with House Republican gargoyles who don’t understand maths or history, much less reality, sometimes you crave a dose of (...)

The headquarters of Lehman Brothers in New York on September  15th, 2008, the day the bank filed for bankruptcy.

W hen Lehman Brothers filed for bankruptcy on September 15th, 2008, the financial sector shook across the world. The bank was forced to seek Chapter 1(...)

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