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A Fed loan to Lehman Brothers would not have prevented a bankruptcy.

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
Loan
Feds
Brothers
Brother
Would
Lehman
Prevented
Bankruptcy

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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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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 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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I'm a straightforward person. I like to be direct with people.
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Anticompetitive practices hurt Chinese private firms nearly as much as foreign ones.
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Our overriding goal in restructuring our financial architecture should be that taxpayers never again have to save a failing financial institution.
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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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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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The worst is likely to be behind us.
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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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China saves too much, produces too much, sells too much to Americans and consumes too little.
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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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China needs a currency that reflects underlying economic fundamentals.
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What I've said repeatedly is, 'I think the auto industry is a very important industry.'
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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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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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I think all governments engage in intelligence gathering vis-a-vis other governments.
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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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There is no way to stabilize the markets other than through government intervention.
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In China, export lobbies have fought for policies that favor their interests and limit foreign competition.
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