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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
More quotes by Henry Paulson
For market discipline to constrain risk effectively, financial institutions must be allowed to fail. Under optimal financial regulatory and financial system infrastructures, such a failure would not threaten the overall system.
Henry Paulson
In China, export lobbies have fought for policies that favor their interests and limit foreign competition.
Henry Paulson
A Fed loan to Lehman Brothers would not have prevented a bankruptcy.
Henry Paulson
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.
Henry Paulson
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.
Henry Paulson
It is the policy of the federal government to use all resources at its disposal to make our financial system stronger.
Henry Paulson
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.
Henry Paulson
China needs a currency that reflects underlying economic fundamentals.
Henry Paulson
In just about every area of society, there's nothing more important than ethics.
Henry Paulson
As a Christian Scientist, I don't go to doctors and get diagnoses.
Henry Paulson
I believe that the root cause of every financial crisis, the root cause, is flawed government policies
Henry Paulson
I'm a straightforward person. I like to be direct with people.
Henry Paulson
I don't see (subprime mortgage market troubles) imposing a serious problem. I think it's going to be largely contained.
Henry Paulson
China saves too much, produces too much, sells too much to Americans and consumes too little.
Henry Paulson
There are some things that you can work on immediately.
Henry Paulson
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.
Henry Paulson
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.
Henry Paulson
There's always light at the end of the tunnel, right? It just depends on how long the tunnel is.
Henry Paulson
The first priority is to make sure we have capital to continue to have capital available to put into the financial system. That's the first priority.
Henry Paulson
Buying a home today is a complex process, but that in no way excuses home buyers from their obligation for due diligence.
Henry Paulson