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China needs a currency that reflects underlying economic fundamentals.

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
Currency
Fundamentals
China
Economic
Needs
Underlying
Reflects

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What I've said repeatedly is, 'I think the auto industry is a very important industry.'
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I'm a straightforward person. I like to be direct with people.
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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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I believe that the root cause of every financial crisis, the root cause, is flawed government policies
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As a Christian Scientist, I don't go to doctors and get diagnoses.
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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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There is no way to stabilize the markets other than through government intervention.
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The worst is likely to be behind us.
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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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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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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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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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There are some things that you can work on immediately.
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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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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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