WASHINGTON - JANUARY 12: U.S. Treasury Secretary Henry Paulson speaks at the Resources for the Future Center on January 12, 2009 in Washington, DC. Paulson spoke about the markets, climate change and environmental problems. Getty Images logo Getty Images 10 months ago

WASHINGTON - JANUARY 12: U.S. Treasury Secretary Henry Paulson speaks at the Resources for the Future Center on January 12, 2009 in Washington, DC. Paulson spoke about the markets, climate change and environmental problems.

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  1. U.S. Federal Reserve Chairman Ben Bernanke (R) and former Treasury Secretary Henry Paulson testify at the House Financial Services Committee hearing on "Oversight of Implementation of the Emergency Economic Stabilization Act of 2008 and of Government Lending and Insurance Facilities; Impact on Economy and Credit Availability" on Capitol Hill in Washington in this November 18, 2008 file photo. In September 2008, a turbulent month that saw the fall or near-death experience of industry giants like Fannie Mae, Freddie Mac, AIG, Merrill Lynch and Lehman Brothers, Paulson met with Bernanke numerous times. At the time, Bernanke eagerly backed a proposal by Paulson that was widely criticized for being way too thin on details, weighing in at a mere three pages -- and with nary a mention of Wall Street pay.

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  1. U.S. Federal Reserve Chairman Ben Bernanke (R) and former Treasury Secretary Henry Paulson testify at the House Financial Services Committee hearing on "Oversight of Implementation of the Emergency Economic Stabilization Act of 2008 and of Government Lending and Insurance Facilities; Impact on Economy and Credit Availability" on Capitol Hill in Washington in this November 18, 2008 file photo. In September 2008, a turbulent month that saw the fall or near-death experience of industry giants like Fannie Mae, Freddie Mac, AIG, Merrill Lynch and Lehman Brothers, Paulson met with Bernanke numerous times. At the time, Bernanke eagerly backed a proposal by Paulson that was widely criticized for being way too thin on details, weighing in at a mere three pages -- and with nary a mention of Wall Street pay.
  2. FILE - In this Sept. 19, 2008 file photo, President George W. Bush, second left, accompanied by, from left, Federal Reserve Chairman Ben Bernanke, then Treasury Secretary Henry Paulson, and then Securities and Exchange Commission Chairman Christopher Cox, delivers a statement about the economy and government efforts to remedy the crisis in the Rose Garden of the White House in Washington.
  3. FILE - In this Sept. 7, 2008 file photo, Federal Housing Finance Agency Director James Lockhart, left, concludes his remarks as Treasury Secretary Henry Paulson, Jr., right, takes his turn at the microphone during a news conference in Washington on the bailout of mortgage giants Fannie Mae and Freddie Mac. A year after the collapse of the mortgage companies Fannie Mae and Freddie Mac, Americans remain almost entirely dependent on the government to keep them and the housing market alive.

Recent Photos From The Wire

  1. A troop of 64 Santa Clauses from toy store Kiddy Land's Santa Claus Academy are led by a bus guide as they march on a Tokyo street, Japan, Sunday, Nov. 29, 2009.
  2. Costa Rica's President Oscar Arias visits the Hall of Names at the Yad Vashem Holocaust memorial in Jerusalem, Sunday, Nov. 29, 2009. Arias is on an official visit to Israel and the Palestinian Territories.
  3. Almir Velagic of Germany fails his attempt in the men's +105kg weightlifting clean and jerk competition at the World Weightlifting Championships in Goyang, north of Seoul, November 29, 2009.
  4. Edoardo Molinari of Italy putts on the ninth green during the final round of the World Cup golf tournament in Dongguan, November 29, 2009. Italy beat runners-up Ireland and Sweden to win the championship.
  5. Edoardo Molinari of Italy (C) celebrate with his teammate Francesco Molinari in front of their caddie after putting into the 18th hole to win the World Cup golf tournament in Dongguan November 29, 2009.
  6. A man does his laundry in the Satwa district behind Sheikh Zayed Road in Dubai, November 29, 2009. Abu Dhabi, wealthy capital of the United Arab Emirates, will "pick and choose" how to assist debt-laden neighbour Dubai, a senior official said on Saturday, after fears of a Dubai default sent global markets reeling. Dubai said earlier this week that two companies plan to delay repayment on billions of dollars of debt as a first step toward restructuring Dubai World, the conglomerate that spearheaded its break-neck economic growth.
  7. PORT ELIZABETH, SOUTH AFRICA - NOVEMBER 29: James Anderson of England celebrates taking the wicket of Ryan McLaren of South Africa during the 4th One Day International match between South Africa and England at St Georges Park on November 29, 2009 in Port Elizabeth, South Africa.
  8. PER IMAGE:- NEWSPAPERS AUD500 INSIDE, AUD1000 COVER, MAGAZINES AUD2500 INSIDE UPTO 1/2 PAGE, AUD5000 OVER 1/2 PAGE, AUD2500 COVER, WEBSITES AUD100 PER PIC, BROADCAST AUD500, OR LOCAL CURRENCY EQUIVALENT) Bride Brynne Gordon looks at her father Don Gordon after alighting from a helicopter and before she walks down the aisle during the wedding of Geoffrey Edelsten and Brynne Gordon at Crown Palladium on November 29, 2009 in Melbourne, Australia.
  9. PORT ELIZABETH, SOUTH AFRICA - NOVEMBER 29: James Anderson of England celebrates taking the wicket of Mark Boucher of South Africa during the 4th One Day International match between South Africa and England at St Georges Park on November 29, 2009 in Port Elizabeth, South Africa.
  10. PORT ELIZABETH, SOUTH AFRICA - NOVEMBER 29: James Anderson of England celebrates taking the wicket of Mark Boucher of South Africa during the 4th One Day International match between South Africa and England at St Georges Park on November 29, 2009 in Port Elizabeth, South Africa.
  11. PORT ELIZABETH, SOUTH AFRICA - NOVEMBER 29: James Anderson of England celebrates taking the wicket of Ryan McLaren of South Africa during the 4th One Day International match between South Africa and England at St Georges Park on November 29, 2009 in Port Elizabeth, South Africa.
  12. MELBOURNE, AUSTRALIA - NOVEMBER 29: Slade Stanley and Vanessa Stanley-Wright of Australia compete in their boat Hazardous during the 2009 World Jetsprint Championships at the Melton Motorsports Complex on November 29, 2009 in Melbourne, Australia.
  13. Kim Wha-seung of South Korea strains in the snatch of the men's group A 105-kilogram category of the World Weightlifting Championships in Goyang, west of Seoul, South Korea, Sunday, Nov. 29, 2009.
  14. Artem Udachyn of Ukraine strains in the snatch of the men's group A +105-kilogram category of the World Weightlifting Championships in Goyang, west of Seoul, South Korea, Sunday, Nov. 29, 2009. Artem won the silver medal.
  15. Andrey Kozlov of Russia strains in the clean and jerk of the men's group A +105-kilogram category of the World Weightlifting Championships in Goyang, west of Seoul, South Korea, Sunday, Nov. 29, 2009.
  16. An Yong-kwon of South Korea reacts in the snatch of the men's group A +105-kilogram category of the World Weightlifting Championships in Goyang, west of Seoul, South Korea, Sunday, Nov. 29, 2009. An won the gold medal scoring total of 247 kilograms.