Henry Paulson

Henry Paulson is a renowned American author, financial executive, and businessman. He was a top executive of Goldman Sachs and the 74th United States Secretary of the Treasury under President George W. Bush. Henry Paulson is best known for spearheading the Troubled Asset Relief Program (TARP) during the economic crisis of 2008. He has written two much-acclaimed memoirs, On the Brink (2010) and Dealing with China (2015), about managing crises during the Bush and Obama administration respectively.

Paulson's career in the financial sector began in 1974, when he joined Goldman Sachs. At the time, the bank was still a private partnership and Paulson rose quickly to become a partner in 1982. For the next 16 years, he served as a managing director, eventually becoming chairman and CEO of Goldman Sachs from 1999 to 2006.

Paulson's tenure as the United States Secretary of the Treasury began in 2006. This was a time of significant economic challenges for the United States, including the bursting of the housing bubble, the bank bailout of 2008, and the Great Recession that followed. Facing these challenges, Paulson helped establish the Troubled Asset Relief Program (TARP), a financial bailout plan designed to stabilize the U.S. economy. Paulson was also instrumental in the 2009 bail-out of the unsuccessful insurance company AIG.

In the aftermath of the crisis, Paulson wrote two memoirs charting his experiences in government. On the Brink (2010) detailed Paulson's ordeal during the economic crisis of 2008, while Dealing with China (2015) chronicled his experience of managing crises and dealing with the Chinese economy.

Paulson's last book, The Rise of China and the Fall of the Old Order (2020), documents the remarkable transformation of global economics and politics in the 21st century and reveals the deep, relevant lessons to be learned from China's remarkable transformation over the past decades. His book caters to both practical leaders and students of international business, Chinese, and economics offering insights into the Chinese market and the opportunities presented by joining forces with the Chinese, as the U.S. and Europe have already done.

Henry Paulson offers useful policy recommendations and lessons from his own experiences in dealing with China, both personally and financially. He helps readers understand the origins and implications of the rise of China as well as the strategic vision and tactics of Chinese leaders. His book also discusses how western institutions and corporations should respond to China's rise and the challenges it presents.

In addition to being a financial executive, businessman and memoirist, Henry Paulson is also a lecturer at Stanford University, where he currently teaches international economics. He is a dedicated philanthropist and his philanthropic institution, Paulson Institute, promotes collaboration between US and Chinese leaders on sustainable economic growth and environmental protection.

Henry Paulson's formidable career in business and government is complemented by his remarkable written works, which are important for students of economics, policy-makers and business leaders alike. His memoirs chronicle his experience tackling major economic challenges such as the 2008 financial crisis, as well as his recent book, The Rise of China and the Fall of the Old Order, providing useful insight into the ongoing transformation of the international economy. With his experience and expertise, Mr. Paulson has established himself as an essential voice of our times, serving as a valuable role model for ambitious young professionals.