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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
Industry
Important
Think
Thinking
Auto
Repeatedly

More quotes by Henry Paulson

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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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There are some things that you can work on immediately.
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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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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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In just about every area of society, there's nothing more important than ethics.
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A Fed loan to Lehman Brothers would not have prevented a bankruptcy.
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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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China saves too much, produces too much, sells too much to Americans and consumes too little.
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In China, export lobbies have fought for policies that favor their interests and limit foreign competition.
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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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As a Christian Scientist, I don't go to doctors and get diagnoses.
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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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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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I think all governments engage in intelligence gathering vis-a-vis other governments.
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Anticompetitive practices hurt Chinese private firms nearly as much as foreign ones.
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China needs a currency that reflects underlying economic fundamentals.
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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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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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I don't see (subprime mortgage market troubles) imposing a serious problem. I think it's going to be largely contained.
Henry Paulson