Blurb:
It's a little-known story about the financial crisis. During the frenzied events of the fall, Henry Paulson rewrote a piece of the tax code to expedite mergers. The quiet alteration amounts to an estimated $140 billion windfall for big banks. Some critics say Paulson's move was too autocratic, others argue that it was much more than that-that it was downright illegal. Will Tim Geithner and the Democrats attempt to correct the wrong?
It's a little-known story about the financial crisis. During the frenzied events of the fall, Henry Paulson rewrote a piece of the tax code to expedite mergers. The quiet alteration amounts to an estimated $140 billion windfall for big banks. Some critics say Paulson's move was too autocratic, others argue that it was much more than that-that it was downright illegal. Will Tim Geithner and the Democrats attempt to correct the wrong?