Henry Paulson famous quotes

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