How Hank Paulson saved capitalism

Posted by Al Lewis on February 22, 2010
Fat Cats
Former Treasury Secretary Hank Paulson, left, takes questions from GE CEO Jeffrey Immelt. Photo by Joyce Culver, www.JoyceCulver.com

Former Treasury Secretary Hank Paulson, left, takes questions from GE CEO Jeffrey Immelt. Photo by Joyce Culver, www.JoyceCulver.com

One of the most bizarre sights in New York last week was former Treasury Secretary Hank Paulson, on a stage at the 92nd St. Y, taking questions from none other than General Electric Co. CEO Jeffrey Immelt. Paulson took a bow for saving capitalism using a lot of measures some of us have come to call socialism.

Click here to read my column on this sold-out event. I also talked about it on Happy Hour with Fox Business News’ resident illuminati, Cody Willard.