Paulson Tells Buffett Banks to Repay ‘Every Penny’

Bloomberg.com — Former Treasury Secretary Henry Paulson , responding to a question from billionaire Warren Buffett, said the U.S. government will be repaid in full for the funds it put into the country’s lenders.

“We will get every penny we put into the banks back” and turn a profit, Paulson said today at a meeting of the Greater Omaha Chamber in Omaha, Nebraska. “I think when you look at all the other programs, we may be surprised at what we get back.”  (more)