The Dow Jones industrial lost 7 percent of its value and more than 770 points Monday, following the House of Representatives' rejection of the Troubled Assets Relief Program. Treasury Secretary Henry Paulson '68 said after the vote that he would partner with Congress to reexamine the $700 billion bailout. More »
The "Tiny Tackle" of Dartmouth's late-1960s football team, Treasury Secretary Henry "Hank" Paulson '68, may have to conjure up the football grit he was known for to conquer his newest foe: a Wall Street meltdown of proportions unseen since the Great Depression. The former CEO and chairman of Goldman Sachs is the principal architect of the $700 million economic bailout plan -- voted down in the House of Representatives yesterday -- designed to prevent the U.S. credit crunch from wreaking havoc on the global economy. More »
As Wall Street scrambles to resolve this week's historic economic crisis, seismic changes to the foundations of the financial world have threatened millions of jobs and left Dartmouth's prospective investment bankers unsure of what lies ahead for their careers. More »
Timothy Geithner '83, president of the Federal Reserve Bank of New York, has been propelled into the public spotlight with his involvement in the current financial crisis. More »
Former United States Senate majority leader George Mitchell, D-Maine, spoke to a crowd of over 300 Dartmouth students and faculty in Spaulding Auditorium on Monday, giving a lecture titled "America's Role in the World." The United States should address hostility abroad in order to confront the global challenges of the 21st century, including the current economic crisis, global climate change and nuclear proliferation, Mitchell said in his speech. More »
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