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

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
Auto
Repeatedly
Industry
Important
Think
Thinking

More quotes by Henry Paulson

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Anticompetitive practices hurt Chinese private firms nearly as much as foreign ones.
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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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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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The worst is likely to be behind us.
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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.
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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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In China, export lobbies have fought for policies that favor their interests and limit foreign competition.
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I've always said, 'I don't want to be irrelevant.'
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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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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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In just about every area of society, there's nothing more important than ethics.
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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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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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As a Christian Scientist, I don't go to doctors and get diagnoses.
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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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China saves too much, produces too much, sells too much to Americans and consumes too little.
Henry Paulson
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A Fed loan to Lehman Brothers would not have prevented a bankruptcy.
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There are some things that you can work on immediately.
Henry Paulson
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I believe that the root cause of every financial crisis, the root cause, is flawed government policies
Henry Paulson