According to investors I spoke with, Paulson, or JP as his friends call him, thinks Bernanke will continue encouraging the Federal Reserve to print more money (known as quantitative easing) to try and pull the US out of the recession.
"We have no specific reason to think there is anything more to Larry's condition, but we find it odd that the company would already rule him out of the 2Q call which is likely still a few weeks away, " wrote JP Morgan stock analyst Doug Anmuth in a note to clients.