Quote

I don't see (subprime mortgage market troubles) imposing a serious problem. I think it's going to be largely contained.

Henry Paulson

Change background

T
T
T

Change font

TAGS & TOPICS

Henry Paulson
Age: 78
Born: 1946
Born: March 28
Banker
Former United States Secretary Of The Treasury
Investment Banker
Politician
Palm Beach
Florida
Trouble
Problem
Imposing
Going
Mortgage
Think
Contained
Thinking
Troubles
Largely
Market
Serious

More quotes by Henry Paulson

Image
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.
Henry Paulson
Image
It is the policy of the federal government to use all resources at its disposal to make our financial system stronger.
Henry Paulson
Image
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
Image
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.
Henry Paulson
Image
I'm a straightforward person. I like to be direct with people.
Henry Paulson
Image
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.
Henry Paulson
Image
I've always said, 'I don't want to be irrelevant.'
Henry Paulson
Image
There is no way to stabilize the markets other than through government intervention.
Henry Paulson
Image
What I've said repeatedly is, 'I think the auto industry is a very important industry.'
Henry Paulson
Image
A Fed loan to Lehman Brothers would not have prevented a bankruptcy.
Henry Paulson
Image
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.
Henry Paulson
Image
Anticompetitive practices hurt Chinese private firms nearly as much as foreign ones.
Henry Paulson
Image
China needs a currency that reflects underlying economic fundamentals.
Henry Paulson
Image
In China, export lobbies have fought for policies that favor their interests and limit foreign competition.
Henry Paulson
Image
China saves too much, produces too much, sells too much to Americans and consumes too little.
Henry Paulson
Image
There are some things that you can work on immediately.
Henry Paulson
Image
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.
Henry Paulson
Image
As a Christian Scientist, I don't go to doctors and get diagnoses.
Henry Paulson
Image
I believe that the root cause of every financial crisis, the root cause, is flawed government policies
Henry Paulson
Image
Our overriding goal in restructuring our financial architecture should be that taxpayers never again have to save a failing financial institution.
Henry Paulson