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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

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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
Excuse
Buyers
Process
Diligence
Home
Excuses
Today
Dues
Way
Buying
Complexes
Complex
Obligation

More quotes by Henry Paulson

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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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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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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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As a Christian Scientist, I don't go to doctors and get diagnoses.
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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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There is no way to stabilize the markets other than through government intervention.
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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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There's always light at the end of the tunnel, right? It just depends on how long the tunnel is.
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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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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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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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There is a very real danger that financial regulation will become a wolf in sheep's clothing.
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China saves too much, produces too much, sells too much to Americans and consumes too little.
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In China, export lobbies have fought for policies that favor their interests and limit foreign competition.
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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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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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The worst is likely to be behind us.
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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.
Henry Paulson