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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

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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've always said, 'I don't want to be irrelevant.'
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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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I think all governments engage in intelligence gathering vis-a-vis other governments.
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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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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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The worst is likely to be behind us.
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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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In just about every area of society, there's nothing more important than ethics.
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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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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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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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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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In China, export lobbies have fought for policies that favor their interests and limit foreign competition.
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A Fed loan to Lehman Brothers would not have prevented a bankruptcy.
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China saves too much, produces too much, sells too much to Americans and consumes too little.
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