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In China, export lobbies have fought for policies that favor their interests and limit foreign competition.

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
Policy
Favor
Interest
Limit
Favors
Foreign
Interests
Lobbies
Competition
Export
China
Policies
Limits
Fought

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I'm a straightforward person. I like to be direct with people.
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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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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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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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I think all governments engage in intelligence gathering vis-a-vis other governments.
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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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The worst is likely to be behind us.
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As a Christian Scientist, I don't go to doctors and get diagnoses.
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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 don't see (subprime mortgage market troubles) imposing a serious problem. I think it's going to be largely contained.
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I've always said, 'I don't want to be irrelevant.'
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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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In just about every area of society, there's nothing more important than ethics.
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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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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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There is no way to stabilize the markets other than through government intervention.
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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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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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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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