Paulson 2008 Hedge Fund Meeting on Fannie, Freddie

Nov. 29 (Bloomberg) — William Cohan, author of “Money and Power: How Goldman Sachs Came to Rule the World” and a Bloomberg View Columnist, talks about a meeting former U.S. Treasury Secretary Henry Paulson held in July 2008 with hedge fund managers and Wall Street executives. According to a fund manager who attended, Paulson hinted of a Fannie Mae and Freddie Mac rescue, Bloomberg Markets magazine reports in its January issue. Cohan speaks with Erik Schatzker on Bloomberg Television’s “InsideTrack.” (Cohan is a Bloomberg View columnist. The opinions expressed are his own. Source: Bloomberg)