Lew Rockwell on Henry Paulson and the Crime of '08:
Murray Rothbard used to stress the careers of high federal officials before they held office. "They do not drop from Heaven," he noted. Such analysis is considered beyond the pale by the establishment, since it is so explanatory. Henry Paulson, appointed by Bush- himself the scion of a political-Wall Street family - to the the US Treasury in 2006 (and replacing a non-Wall Streeter), had been CEO of Goldman Sachs. He brought other Goldman Sachers with him. Clearly, they were put there to do exactly what they have done: bailout Goldman Sachs and its allies on Wall Street if the expected Fed-generated troubles arrived.