Henry Paulson

[arrowsmith]

the current Treasury Secretary John Snow is leaving office, and Goldman Sachs Chairman & CEO Henry Paulson has been nominated to be his successor.
It's a HUGE deal. Many people aren't aware that Mr. Paulson also serves as Chairman of the Nature Conservancy, an environmental activist group that takes stands on issues (such as the Kyoto Treaty) that are far-out on the left-wing -- and are diametrically opposed to the positions of the Bush Administration. The Nature Conservancy has also spent recent years mired in scandal, as exposed in a Washington Post series and in Senate hearings.
Under Mr. Paulson's leadership, Goldman Sachs adopted in November of 2005 a controversial "Environmental Policy," which parallels the positions of the Nature Conservancy on key issues.
As various media reports indicated, the Goldman Sachs Annual Meeting on Friday, March 31 was dominated by discussions of whether Mr. Paulson had a conflict-of-interest in his dual role as Chairman of both Goldman Sachs and the Nature Conservancy, and whether the "Environmental Policy" was detrimental to Goldman Sachs' own interests, and the American economy as a whole.
Furthermore, there are unanswered questions about Mr. Paulson's personal and business ethics. In 2005, Goldman Sachs made a donation of 680,000 acres of land in Chile to a group called the Wildlife Conservation Society (WCS) that publicly identifies itself as a "partner" of the Nature Conservancy. Mr. Paulson's son, Merritt Paulson, is a Trustee of WCS.

At the Goldman Sachs annual meeting, Mr. Paulson asserted that the Nature Conservancy was purposely not involved with the Chilean land deal. Yet the 2004 tax return of the Nature Conservancy itemizes a $144,000 consulting fee received from Goldman Sachs for assistance on the Chilean land deal.

For these reasons, concerned Americans -- that's YOU and ME -- need to urge the U.S. Senate to ask Henry Paulson some TOUGH questions before they vote to confirm him as the new Secretary of the Treasury.



http://capwiz.com/sicminc/issues/ale...857271&type=CO