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Hank Paulson, Dealing with China: An Insider Unmasks the New Economic Superpower – Review

The Honorable Henry M. Paulson, Jr.

By Brenda Jubin (original source Value Walk)

“Hank Paulson thrives on spanning divides, perhaps because his own two overriding passions may seem, at least at first glance, to be at odds with one another. As CEO of Goldman Sachs Group Inc (NYSE:GS) and, later, Secretary of the Treasury, he pursued his passion for banking and deal-making. He was “the hammer.” But he has also been an avid nature lover his entire life, dedicated to conservancy.

When he left the Treasury Department in 2009 and returned to private life, he was “as unhappy as [he’d] ever been.” He began his memoir about the financial crisis, On the Brink: Inside the Race to Stop the Collapse of the Global Financial System. “Writing is said to be therapeutic for some authors. I’d like to meet one or two of them. It sure wasn’t for me. Writing On the Brink, I found myself reliving the most harrowing moments of the crisis—complete with sleepless nights. The strain wore on my family. As a matter of fact, when I later told Wendy that I was thinking about writing another book—this one—she said simply: “Fine. And I’m going to start dating again.” (p. 266)”

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