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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.
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
Authority
Follow
Didn
Anything
Take
Authorities
Even
Frankly
People
Conspiracy
Charge
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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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I've always said, 'I don't want to be irrelevant.'
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What I've said repeatedly is, 'I think the auto industry is a very important industry.'
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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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There's always light at the end of the tunnel, right? It just depends on how long the tunnel is.
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I'm a straightforward person. I like to be direct with people.
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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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In just about every area of society, there's nothing more important than ethics.
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The worst is likely to be behind us.
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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.
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I think all governments engage in intelligence gathering vis-a-vis other governments.
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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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I believe that the root cause of every financial crisis, the root cause, is flawed government policies
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As a Christian Scientist, I don't go to doctors and get diagnoses.
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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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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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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.
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