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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

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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
Must
Market
Constrain
Would
Financial
Optimal
Institutions
Threaten
Discipline
Overall
Failure
Effectively
Failing
Infrastructure
Risk
Allowed
Infrastructures
System
Fail
Regulatory

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There is no way to stabilize the markets other than through government intervention.
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A Fed loan to Lehman Brothers would not have prevented a bankruptcy.
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It is the policy of the federal government to use all resources at its disposal to make our financial system stronger.
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As a Christian Scientist, I don't go to doctors and get diagnoses.
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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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