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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
Areas
Society
Nothing
Important
Every
Area
Ethics
More quotes by Henry Paulson
Our overriding goal in restructuring our financial architecture should be that taxpayers never again have to save a failing financial institution.
Henry Paulson
There is no way to stabilize the markets other than through government intervention.
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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.
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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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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.
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
What I've said repeatedly is, 'I think the auto industry is a very important industry.'
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
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
China needs a currency that reflects underlying economic fundamentals.
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.
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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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As a Christian Scientist, I don't go to doctors and get diagnoses.
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China saves too much, produces too much, sells too much to Americans and consumes too little.
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I've always said, 'I don't want to be irrelevant.'
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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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I think all governments engage in intelligence gathering vis-a-vis other governments.
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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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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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Buying a home today is a complex process, but that in no way excuses home buyers from their obligation for due diligence.
Henry Paulson