Quote

I believe that the root cause of every financial crisis, the root cause, is flawed government policies

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
Causes
Flawed
Government
Policies
Every
Root
Believe
Roots
Financial
Crisis
Cause
Policy

More quotes by Henry Paulson

Image
I'm a straightforward person. I like to be direct with people.
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
There is no way to stabilize the markets other than through government intervention.
Henry Paulson
Image
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.
Henry Paulson
Image
The worst is likely to be behind us.
Henry Paulson
Image
China saves too much, produces too much, sells too much to Americans and consumes too little.
Henry Paulson
Image
One of the most constant aspects of American life is change - and nowhere is it more evident than in our financial markets.
Henry Paulson
Image
There is a very real danger that financial regulation will become a wolf in sheep's clothing.
Henry Paulson
Image
Anticompetitive practices hurt Chinese private firms nearly as much as foreign ones.
Henry Paulson
Image
I've always said, 'I don't want to be irrelevant.'
Henry Paulson
Image
I think all governments engage in intelligence gathering vis-a-vis other governments.
Henry Paulson
Image
In China, export lobbies have fought for policies that favor their interests and limit foreign competition.
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
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
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 Fed loan to Lehman Brothers would not have prevented a bankruptcy.
Henry Paulson
Image
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.
Henry Paulson
Image
In just about every area of society, there's nothing more important than ethics.
Henry Paulson
Image
There are some things that you can work on immediately.
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