Investment bankers are among the least reflective of financial birds. They deal with the problem at hand without asking too many questions about how it got there. One of their favorite trills is, “It is what it is.” So it’s no surprise that On the Brink: Inside the Race to Stop the Collapse of the Global Financial System, the memoir of Henry Paulson, the avid bird-watcher and former Goldman Sachs chief executive who served as Treasury secretary for 30 turbulent months, doesn’t contain much second-guessing or navel-gazing. [...]

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