What critically important economic event did Paulson oversee as Secretary of the Treasury?
Dot-com bubble
Financial crisis of 2007–2008
Stock Market Crash of 1929
Great Recession from 2008 to 2012
Answer
Henry Paulson oversaw the Financial crisis of 2007–2008 as Secretary of the Treasury. This was a critically important economic event that began with a crisis in the subprime mortgage market in the United States. The crisis spread to other parts of the financial system and led to a global recession.
The Paulson Puzzle: Testing Your Knowledge on Henry Paulson, the 74th US Secretary of the Treasury