search

The Real Deal Logo

Trending

HGTV’s “Mr. Flip It” gets four years in jail for $10M fraudHGTV’s “Mr. Flip It” gets four years in jail for $10M fraudTrump accused of making false statements about $50M Chicago tower loanTrump accused of making false statements about $50M Chicago tower loanLawmakers reach sweeping housing deal with “good cause eviction,” new 421aLawmakers reach sweeping housing deal with “good cause eviction,” new 421aMacerich faces “imminent” default on $300M Santa Monica Place loanMacerich faces “imminent” default on $300M Santa Monica Place loan
New York

Paulson starts to pick bailout advisers

Sign Up for the undefined Newsletter

Federal Treasury Secretary Henry Paulson will begin picking advisers to administer the $700 billion financial rescue plan that Congress passed last week. Paulson is said to be considering several financial insiders for the rescue advisory panel, including Bill Gross, founder of the asset management giant Pimco, and Larry Fink, CEO of the investment firm BlackRock. Critics say the two could have conflicts of interest on the bailout board, as one columnist noted Pimco is benefiting from the bailout package.