Hank Paulson

The financial crisis was produced by a complex set of circumstances, including a massive housing bubble, poor regulation and irresponsible lending on an epic scale. A handful of bankers became the public faces of the crisis, and now, two years later, we take a look at what became of them.

This week marks the second anniversary of an event that shook the financial industry to its core. In her newly released book, The Weekend that Changed Wall Street, CNBC anchor Maria Bartiromo gives an insider's look at the fateful days surrounding the fall of Lehman Brothers.

John Paulson and Hank Paulson, two of the biggest players in the recent financial crisis, share more than a last name. Besides their name -- and the fact that both received MBAs from Harvard -- the two share something else: Both have now attracted the attention of the SEC.

Last fall, Hank Paulson forced big banks to take funds from the Troubled Asset Relief Program (TARP) -- which has yet to provide an iota of Troubled Asset Relief -- and so far about $576 billion has gone out in the form of preferred stock. Paulson forced banks to take the money so that the ones...

It is often said the the President of the United States is the de facto leader of the world. If that's true, then world leadership has its limits. I am not going to list all the limits of the U.S. President's power here -- just President Barack Obama's inability to halt the use of taxpayer money to...

Cities are the latest entities approaching the Treasury Department with their hands out, hoping for a piece of the $3 trillion bailout debacle. Philadelphia, Phoenix, and Atlanta are the first cities to beg for money, but many more can't be far behind. They'd be fools to not ask!The reason the...