"Katrina to me was the tipping point"

Lawrence Wilkerson, top aide and later chief of staff to Secretary of State Colin Powell: We had this confluence of characters—and I use that term very carefully—that included people like Powell, Dick Cheney, Condi Rice, and so forth, which allowed one perception to be “the dream team.” It allowed everybody to believe that this Sarah Palin–like president—because, let’s face it, that’s what he was—was going to be protected by this national- security elite, tested in the cauldrons of fire. What in effect happened was that a very astute, probably the most astute, bureaucratic entrepreneur I’ve ever run into in my life became the vice president of the United States.

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He became vice president well before George Bush picked him. And he began to manipulate things from that point on, knowing that he was going to be able to convince this guy to pick him, knowing that he was then going to be able to wade into the vacuums that existed around George Bush—personality vacuum, character vacuum, details vacuum, experience vacuum…

Henry Paulson, secretary of the Treasury: I easily could imagine and expected there to be financial turmoil. But the extent of it, O.K., I was naïve in terms of—I knew a lot about regulation but not nearly as much as I needed to know, and I knew very little about regulatory powers and authorities. I just had not gone into it in that kind of detail.

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