Quotes by Henry Paulson

About Henry Paulson:

Henry Merritt is an American banker who served as the 74th United States Secretary of the Treasury. He had served as the Chairman and Chief Executive Officer of Goldman Sachs, and is now chairman of the Paulson Institute at the University of Chicago, which he founded in 2011 to promote sustainable economic growth and a cleaner environment around the world, with an initial focus on the United States and China.
A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Our overriding goal in restructuring our financial architecture should be that taxpayers never again have to save a failing financial institution.

Henry Paulson

I always told people in the private sector, 'You can be the smartest person in the world, you can have the very best ideas, but if you can't sell them and you can't get other people to work with you, you're not going to succeed.'

Henry Paulson

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

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

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 identify...

Henry Paulson

One of the most constant aspects of American life is change - and nowhere is it more evident than in our financial markets.

Henry Paulson

I have relied on prayer for health care all of my life.

Henry Paulson

Buying a home today is a complex process, but that in no way excuses home buyers from their obligation for due diligence.

Henry Paulson

I'm telling you that there is no silver bullet to keep home prices from going down or to prevent all foreclosures.

Henry Paulson

When our markets work, people throughout our economy benefit - Americans seeking to buy a car or buy a home, families borrowing to pay for college, innovators borrowing on the strength of a good idea for a new product or technology, and businesses fi...

Henry Paulson

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

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

Henry Paulson

In the past, if a homeowner with a mortgage had a problem making the payment, often he'd get together with a lender and strike a deal, because foreclosures are very expensive to the lender and obviously not good for the homeowner and the community.

Henry Paulson

From the beginning of time, we've had financial crises. People always blame the banks and for good reason. When you look for the root causes, they're almost always failed government policies.

Henry Paulson

We've had crooks from the beginning of time... it's always very interesting and troubling why good people do bad things.

Henry Paulson

I think all governments engage in intelligence gathering vis-a-vis other governments.

Henry Paulson

The Chinese have done some extraordinary things in terms of the investments they've made in alternative sources of energy.

Henry Paulson

What I've said repeatedly is, 'I think the auto industry is a very important industry.'

Henry Paulson

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

China needs a currency that reflects underlying economic fundamentals.

Henry Paulson

Author Bio

  • NameHenry Paulson
  • Description74th United States Secretary of the Treasury
  • BornMarch 28, 1946
  • CountryUnited States Of America
  • ProfessionBanker