Henry Paulson Discusses Financial Crisis, New Book: Video

Henry Paulson, former U.S. Treasury secretary and author of "On the Brink: Inside the Race to Stop the Collapse of the Global Financial System," talks with Bloomberg's Peter Cook about the financial crisis and the government's response. Paulson said the U.S. was "very close" to financial and economic collapse in 2008 that could have led to an unemployment rate of 25 percent. (This is an excerpt of the full interview. Source: Bloomberg)