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I've always said, 'I don't want to be irrelevant.'
Henry Paulson
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Henry Paulson
Age: 78
Born: 1946
Born: March 28
Banker
Former United States Secretary Of The Treasury
Investment Banker
Politician
Palm Beach
Florida
Irrelevant
Always
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Buying a home today is a complex process, but that in no way excuses home buyers from their obligation for due diligence.
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As a Christian Scientist, I don't go to doctors and get diagnoses.
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There are some things that you can work on immediately.
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My preference is for the Federal Reserve to be the systemic risk regulator, because the responsibility for identifying and limiting potential problems is a natural complement to its role in monetary policy.
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Even if you don't have the authorities - and frankly I didn't have the authorities for anything - if you take charge, people will follow.
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As the Indian government has embraced greater economic openness, the creativity and expertise of the Indian workforce has been unleashed onto the world economic stage.
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Anticompetitive practices hurt Chinese private firms nearly as much as foreign ones.
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I'm a straightforward person. I like to be direct with people.
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I have great, great confidence in our capital markets and in our financial institutions. Our financial institutions, banks and investment banks, are strong. Our capital markets are resilient. They're efficient. They're flexible.
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One of the most constant aspects of American life is change - and nowhere is it more evident than in our financial markets.
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Payment systems are critically important for overall market stability. On a typical business day, U.S. payment and settlement systems settle transactions valued at over $13 trillion.
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The U.S. didn't save enough we borrowed a lot. There were structural imbalances in Asia with exporters, with oil exporters for a whole variety of things.
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An open, competitive, and liberalized financial market can effectively allocate scarce resources in a manner that promotes stability and prosperity far better than governmental intervention.
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A Fed loan to Lehman Brothers would not have prevented a bankruptcy.
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