The secret Hammer of Wall Street

With the markets in trouble, US Treasury Secretary Henry 'Hank' Paulson is keeping a low profile as he works the phones to restore confidence. James Doran reports from New York

Sunday August 26, 2007
The Observer

On Wall Street they still call him Hank The Hammer, but US Treasury Secretary Henry Paulson has refrained from striking blows in attempts to solve America's worsening financial problems. Rather, the 6ft 1in former Ivy League American football champ has walked softly to chart an unusually quiet path of diplomacy, leaving it largely up to others to speak out in an effort to ease panic and restore order to global markets.