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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
Think
Thinking
Auto
Repeatedly
Industry
Important
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I think all governments engage in intelligence gathering vis-a-vis other governments.
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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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China needs a currency that reflects underlying economic fundamentals.
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In just about every area of society, there's nothing more important than ethics.
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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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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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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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There is a very real danger that financial regulation will become a wolf in sheep's clothing.
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Anticompetitive practices hurt Chinese private firms nearly as much as foreign ones.
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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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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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In China, export lobbies have fought for policies that favor their interests and limit foreign competition.
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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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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.
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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'm a straightforward person. I like to be direct with people.
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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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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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I've always said, 'I don't want to be irrelevant.'
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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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