Quote

What I've said repeatedly is, 'I think the auto industry is a very important industry.'

Henry Paulson

Change background

T
T
T

Change font

TAGS & TOPICS

Henry Paulson
Age: 78
Born: 1946
Born: March 28
Banker
Former United States Secretary Of The Treasury
Investment Banker
Politician
Palm Beach
Florida
Industry
Important
Think
Thinking
Auto
Repeatedly

More quotes by Henry Paulson

Image
China needs a currency that reflects underlying economic fundamentals.
Henry Paulson
Image
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.
Henry Paulson
Image
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.
Henry Paulson
Image
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.
Henry Paulson
Image
There's always light at the end of the tunnel, right? It just depends on how long the tunnel is.
Henry Paulson
Image
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.
Henry Paulson
Image
I believe that the root cause of every financial crisis, the root cause, is flawed government policies
Henry Paulson
Image
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.
Henry Paulson
Image
Buying a home today is a complex process, but that in no way excuses home buyers from their obligation for due diligence.
Henry Paulson
Image
I'm a straightforward person. I like to be direct with people.
Henry Paulson
Image
There are some things that you can work on immediately.
Henry Paulson
Image
In China, export lobbies have fought for policies that favor their interests and limit foreign competition.
Henry Paulson
Image
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.
Henry Paulson
Image
I think all governments engage in intelligence gathering vis-a-vis other governments.
Henry Paulson
Image
There is a very real danger that financial regulation will become a wolf in sheep's clothing.
Henry Paulson
Image
A Fed loan to Lehman Brothers would not have prevented a bankruptcy.
Henry Paulson
Image
It is the policy of the federal government to use all resources at its disposal to make our financial system stronger.
Henry Paulson
Image
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.
Henry Paulson
Image
I don't see (subprime mortgage market troubles) imposing a serious problem. I think it's going to be largely contained.
Henry Paulson
Image
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.
Henry Paulson