Bush’s banker

Shortly after Hank Paulson was appointed as President George W Bush’s Treasury Secretary two years ago, he startled some people by stating that ‘‘income inequality’’ was one of the most pressing economic issues facing the US.

13th September, 2008

Shortly after Hank Paulson was appointed as President George W Bush’s Treasury Secretary two years ago, he startled some people by stating that ‘‘income inequality’’ was one of the most pressing economic issues facing the US.

The comment was surprising in part because it came from a member of the Bush team. This was the president, after all, who had once joked to what he called ‘‘an impressive crowd...

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