i'm wrong but i think united states is heading towards an abyss as the crisis worsened politicians fowley woke up to realize that the economy they had deregulated was imploding congress was finally being asked to act ironically the pitch was made by a republican treasury secretary henry paulson a former c.e.o. of goldman sachs in the years that that firm made massive profits in housing securitization and speculation. when this do so in order to avoid the continuing series of financial institution failures and frozen credit markets that threaten american family's financial well being the viability of businesses both small and large in the very health of our economy the question would government intervention fix the problem or make it worse would it reward the companies that profited from massive fraud who would it lead to more fraud. treasury secretary henry paulson and fed chairman ben bernanke he began a push through what might be called the final plunder the real story was not widely known except soon into the on c.-span on thursday at about eleven o'clock in the morning the federal res