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One of the most constant aspects of American life is change - and nowhere is it more evident than in our financial markets.
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
Life
Evident
Aspects
Nowhere
Financial
Aspect
Constant
American
Change
Markets
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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 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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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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I'm a straightforward person. I like to be direct with people.
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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 think all governments engage in intelligence gathering vis-a-vis other governments.
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The worst is likely to be behind us.
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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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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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There are some things that you can work on immediately.
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As a Christian Scientist, I don't go to doctors and get diagnoses.
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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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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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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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