Henry Paulson famous quotes

Last updated: Sep 5, 2024

other language: spanish | czech | german | french | italian | slovak | turkish | ukrainian | dutch | russian | portuguese

Every global concern - economic, environmental or security-related - can be addressed more effectively when the U.S. and China work together.
-- Henry Paulson

#Working Together #Environmental #Economic
I think all governments engage in intelligence gathering vis-a-vis other governments.
-- Henry Paulson

#Thinking #Government #Gathering
I never once considered that it was appropriate to put taxpayer money on the line in resolving Lehman Brothers.
-- Henry Paulson

#Brother #Lines #Lehman Brothers
I have relied on prayer for health care all of my life.
-- Henry Paulson

#Prayer #Care #Health Care
I didn't get the charm gene.
-- Henry Paulson

#Genes #Charm
Economic growth and environmental protection are not at odds. They're opposite sides of the same coin if you're looking at longer-term prosperity.
-- Henry Paulson

#Opposites #Odds #Growth
China saves too much, produces too much, sells too much to Americans and consumes too little.
-- Henry Paulson

#Littles #Too Much #China
There is no way to stabilize the markets other than through government intervention.
-- Henry Paulson

#Government #Way #Conspiracy
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

#Creativity #Government #World
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.
-- Henry Paulson

#Responsibility #Risk #Roles
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

#Important #Typical #Settling
The most pressing and significant problems in the global economy are unsustainable structural issues with regard to the E.U. - fiscal deficits and the structure of the E.U. itself.
-- Henry Paulson

#Issues #Problem #Economy
U.S. exports to China have more than quintupled since China entered the WTO and have grown more quickly than imports. In fact, China is America's fastest-growing export market.
-- Henry Paulson

#America #Growing #Facts
I don't see (subprime mortgage market troubles) imposing a serious problem. I think it's going to be largely contained.
-- Henry Paulson

#Thinking #Serious #Problem
The worst is likely to be behind us
-- Henry Paulson

#Worst #Behinds
I see the underlying economy as being very healthy,
-- Henry Paulson

#Healthy #Economy
One of the things I enjoy the most is fishing.
-- Henry Paulson

#Fishing #Enjoy
India is a vibrant nation whose strength lies in its commitment to equal rights and to speech, religious and economic freedoms that enrich the lives of all citizens. India is not only the world's largest democracy; it is also a secular, pluralistic society committed to inclusive growth.
-- Henry Paulson

#Religious #Lying #Commitment
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

#Discipline #Risk #Financial
Well, as you know, we're working through a difficult period in our financial markets right now as we work off some of the past excesses. But the American people can remain confident in the soundness and the resilience of our financial system.
-- Henry Paulson

#Past #People #Resilience
I believe that the root cause of every financial crisis, the root cause, is flawed government policies
-- Henry Paulson

#Believe #Government #Roots
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

#Financial #Prosperity #Resources
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

#People #Conspiracy #Authority
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

#Running #Impact #Agency
When you have a big, ugly problem, there's never going to be a neat, elegant solution that is totally painless or without a cost.
-- Henry Paulson

#Cost #Ugly #Problem
A Fed loan to Lehman Brothers would not have prevented a bankruptcy.
-- Henry Paulson

#Brother #Loan #Feds
Anticompetitive practices hurt Chinese private firms nearly as much as foreign ones.
-- Henry Paulson

#Hurt #Practice #Chinese
As a Christian Scientist, I don't go to doctors and get diagnoses.
-- Henry Paulson

#Christian #Doctors #Diagnosis
Buying a home today is a complex process, but that in no way excuses home buyers from their obligation for due diligence.
-- Henry Paulson

#Home #Due Diligence #Today
China and the U.S. are the two largest importers of oil. They are the two largest emitters of carbon.
-- Henry Paulson

#Two #Oil #China
China needs a currency that reflects underlying economic fundamentals.
-- Henry Paulson

#Needs #Fundamentals #Economic
I've always said, 'I don't want to be irrelevant.'
-- Henry Paulson

#Want #Said #Irrelevant
I'm a straightforward person. I like to be direct with people.
-- Henry Paulson

#People #Straightforward #Persons
In China, export lobbies have fought for policies that favor their interests and limit foreign competition.
-- Henry Paulson

#Competition #Favors #Limits
It is the policy of the federal government to use all resources at its disposal to make our financial system stronger.
-- Henry Paulson

#Government #Stronger #Use
One of the most constant aspects of American life is change - and nowhere is it more evident than in our financial markets.
-- Henry Paulson

#Financial #Life Is #Aspect
Our overriding goal in restructuring our financial architecture should be that taxpayers never again have to save a failing financial institution.
-- Henry Paulson

#Goal #Architecture #Financial
Regulation needs to catch up with innovation.
-- Henry Paulson

#Innovation #Needs #Regulation
There is a very real danger that financial regulation will become a wolf in sheep's clothing.
-- Henry Paulson

#Real #Sheep #Regulation
What I've said repeatedly is, 'I think the auto industry is a very important industry.'
-- Henry Paulson

#Thinking #Important #Said
In just about every area of society, there's nothing more important than ethics.
-- Henry Paulson

#Important #Ethics

You may also like:

Alan Greenspan
Economist
Andrew Ross Sorkin
Journalist
Barack Obama
44th U.S. President
Ben Bernanke
Economist
Gary Cohn
Businessman
George W. Bush
43rd U.S. President
Jamie Dimon
Business person
John Paulson
Manager
John Thain
Businessman
John W. Snow
Former United States Secretary of the Treasury
Jon Corzine
Former United States Senator
Lawrence Summers
Former Undersecretary for International Affairs
Lloyd Blankfein
Executive
Michael Bloomberg
Former Mayor of New York City
Paul Volcker
Economist
Richard S. Fuld, Jr.
Banker
Robert Rubin
Former United States Secretary of the Treasury
Timothy Geithner
Former United States Secretary of the Treasury
Vikram Pandit
Executive
William Hurt
Film actor