Page 3 begins with Paulson being asked a question by professor Raguhuram Rajan, A professor at the the Unversity of Chicago's Booth School of Business.
Q: No government money for Lehman...more of a bargaining play [?] Was Lehman eventually a mistake
It's a fact not an argument
They weren't mistakes.
To be specific with you on Lehman
By the firm maximizing the chances that something would get done encourage the finanicial sector
Two themes of the book
Market + Political forces + the need to move quickly