Imagine my shock that Henry Paulson (official Treasury Dept photo), who loves snakes by the way, perhaps explaining why his right eye -- the green one, as opposed to the left eye which is blue/gray -- looks like it was transplanted from a lizard, doesn't get along well with other people. - Ed.Sept. 29 (Bloomberg) -- If Treasury Secretary Hank Paulson thought he could cram a $700 billion plan to buy financial institutions' toxic mortgage-backed waste through Congress with no questions asked, he got a rude awakening last week.
Paulson and Federal Reserve Chairman Ben Bernanke were grilled by Senate and House committees on the plan. Those same lawmakers were inundated with calls and e-mails from constituents expressing outrage at what they saw as a bailout of Wall Street for a problem of Wall Street's own making. It took them all weekend to hammer out something they could sign off on.
