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In just about every area of society, there's nothing more important than ethics.
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
Ethics
Areas
Society
Nothing
Important
Every
Area
More quotes by Henry Paulson
What I've said repeatedly is, 'I think the auto industry is a very important industry.'
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I don't see (subprime mortgage market troubles) imposing a serious problem. I think it's going to be largely contained.
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A single agency responsible for systemic risk would be accountable in a way that no regulator was in the run-up to the 2008 crisis. With access to all necessary information to monitor the markets, this regulator would have a better chance of identifying and limiting the impact of future speculative bubbles.
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I think all governments engage in intelligence gathering vis-a-vis other governments.
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In China, export lobbies have fought for policies that favor their interests and limit foreign competition.
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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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It is the policy of the federal government to use all resources at its disposal to make our financial system stronger.
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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 worst is likely to be behind us.
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There is a very real danger that financial regulation will become a wolf in sheep's clothing.
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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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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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There's always light at the end of the tunnel, right? It just depends on how long the tunnel is.
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Anticompetitive practices hurt Chinese private firms nearly as much as foreign ones.
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I believe that the root cause of every financial crisis, the root cause, is flawed government policies
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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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China needs a currency that reflects underlying economic fundamentals.
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There is no way to stabilize the markets other than through government intervention.
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There are some things that you can work on immediately.
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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.
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