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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

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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
Market
Serious
Trouble
Problem
Imposing
Going
Mortgage
Think
Contained
Thinking
Troubles
Largely

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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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I'm a straightforward person. I like to be direct with people.
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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 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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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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China saves too much, produces too much, sells too much to Americans and consumes too little.
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There is no way to stabilize the markets other than through government intervention.
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In China, export lobbies have fought for policies that favor their interests and limit foreign competition.
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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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What I've said repeatedly is, 'I think the auto industry is a very important industry.'
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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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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 a Christian Scientist, I don't go to doctors and get diagnoses.
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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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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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