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Henry Paulson’s Blog

Obama owes me big time for killing Lehman Brothers

By Henry Paulson

Bio & Blog

There seems to be a rumor floating around Washington that Barack Obama might not beg me to stay on as Treasury Secretary after he takes over in January. Even though I said I don't want this job anymore, I want Barack to recognize my huge contribution to his campaign and to change. I'm the reason he's going to be president. And he better offer me another term. Or appoint me Secretary of State.

Up until Lehman's failure, I was bailing out banks left and right while McCain was gaining momentum on Obama. Then those assholes at Lehman (who once screwed me on a deal while I ran Goldman Sachs) ask me for help. Of course I said no and let Lehman go bankrupt because they were pieces of shit, but it destroyed McCain's campaign and let Obama sail into the presidency.

Perhaps my motives were off, but on Wall Street we don't care about motives. We care about results. And I got Barack results. So he fucking owes me one.

11/7/2008 10:45 AM, Washington DC
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