Paulson's impact in response to downturn is clear

Treasury Secretary Henry Paulson is facing a long list of economic problems and, in the process, making a clear imprint on the Bush administration's strategy for dealing with the economic downturn. "I didn't realize I would have to learn so much about housing," Paulson said of his tenure in the Cabinet-level post. The early judgment from Wall Street observers of the rescue plan Paulson negotiated for Bear Stearns has been mostly positive.

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