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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.

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
Chance
Access
Speculative
Future
Impact
Monitor
Running
Crisis
Limiting
Better
Responsible
Identifying
Way
Necessary
Accountable
Would
Single
Bubbles
Regulator
Risk
Markets
Systemic
Information
Agency
Regulators

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As a Christian Scientist, I don't go to doctors and get diagnoses.
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I'm a straightforward person. I like to be direct with people.
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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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China needs a currency that reflects underlying economic fundamentals.
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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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In just about every area of society, there's nothing more important than ethics.
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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 China, export lobbies have fought for policies that favor their interests and limit foreign competition.
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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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The worst is likely to be behind us.
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What I've said repeatedly is, 'I think the auto industry is a very important industry.'
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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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There are some things that you can work on immediately.
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