Felix Salmon submits:
This event — Hank Paulson being interviewed by Jeffrey Immelt at the 92nd Street Y on February 18 — might just have got a lot more interesting:
On Sept. 15, 2008, the day Lehman Brothers declared bankruptcy, Paulson says he was “startled” when Immelt came to his office and told him GE was finding it “very difficult” to sell short-term debt “for any term longer than overnight.” A day earlier, GE sent investors a letter saying its ability to sell commercial paper was “robust.” Immelt, in a statement issued Friday by GE, said he “does not believe” the two discussed problems with GE commercial paper on Sept. 15, or in one previous talk.