A Financial Crisis Could Happen Again, Says Paulson

Henry Paulson sits in his office on Aug. 20 in Chicago Photograph by Melanie Stetson Freeman/The Christian Science Monitor via Getty Images

Former Treasury Secretary Henry Paulson told an audience of bankers and economists at a hotel on New York’s Fifth Avenue today that many of the factors that contributed to the financial crisis of 2008 are still in place. Asking rhetorically whether another crisis could occur, Paulson said: “The answer, I’m afraid, is yes.”

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