That's how Robert Gross describes Henry Paulson for NPR on Tuesday's ATC. NPR seems to have scoured the landscape for someone with enough chutzpah to sing the praises of Czar Paulson. Voila, they found Gross of Newsweek who thinks Paulson is the "right man at the right time."
Here's Gross' Paulson (or maybe just gross Paulson):
- "...he spent 32 years on Wall Street working for Goldman Sachs - which is really the elite among the elite of investment banks. So he understands the capital markets, what's going on on Wall Street."
- "Paulson has the tools, the experience, the contacts, and the instincts to hammer out these kind of deals involving financial firms."
- "...worked in the Nixon whitehouse...Harvard MBA...investment banker..."
- "...very disciplined, hard working, hard charging...focused on execution, details, getting deals done."
- "...has a great amount of stamina."
"Paulson was among those that were creating the problem, rather than warning about the problem. In his role as CEO of Goldman Sachs, Goldman -- under his watch -- created a whole lot of CDOs [collateralized debt obligations] that now are under the heading of 'toxic waste.'"