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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

The Paulson Puzzle: Testing Your Knowledge on Henry Paulson, the 74th US Secretary of the Treasury

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