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The worst is likely to be behind us.
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
Likely
Behinds
Behind
Worst
More quotes by Henry Paulson
What I've said repeatedly is, 'I think the auto industry is a very important industry.'
Henry Paulson
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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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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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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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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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
China needs a currency that reflects underlying economic fundamentals.
Henry Paulson
There are some things that you can work on immediately.
Henry Paulson
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.
Henry Paulson
I don't see (subprime mortgage market troubles) imposing a serious problem. I think it's going to be largely contained.
Henry Paulson
Anticompetitive practices hurt Chinese private firms nearly as much as foreign ones.
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I think all governments engage in intelligence gathering vis-a-vis other governments.
Henry Paulson
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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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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There is no way to stabilize the markets other than through government intervention.
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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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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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In just about every area of society, there's nothing more important than ethics.
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