Episode 116 • • 35:14 - 40:28
116: German Soldiers On American Soil This Week
Cliff Stearns, Henry Paulson, AIG Bailout Confrontation
Congressman Cliff Stearns confronted former Treasury Secretary Henry Paulson over his role in the AIG bailout and the subsequent benefits to Goldman Sachs. Paulson was accused of a "bait and switch" regarding the use of TARP funds and failing to recuse himself despite his former ties to Goldman Sachs. The discussion also touched on the forced merger of Merrill Lynch and Bank of America and the strategic bankruptcy of Lehman Brothers.