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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.

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
Financial
Institutions
Resilient
Confidence
Banks
Strong
Flexible
Great
Markets
Efficient
Capital
Investment

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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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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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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.
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There is a very real danger that financial regulation will become a wolf in sheep's clothing.
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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.
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The worst is likely to be behind us.
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