Henry Paulson

Quote: 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]

Quote: 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]

Quote: I don't see (subprime mortgage market troubles) imposing a serious problem. I think it's going to be largely contained. [Henry Paulson]

Quote: The worst is likely to be behind us [Henry Paulson]

Quote: I see the underlying economy as being very healthy, [Henry Paulson]

Quote: I believe that the root cause of every financial crisis, the root cause, is flawed government policies [Henry Paulson]

Quote: There is no way to stabilize the markets other than through government intervention. [Henry Paulson]

Quote: 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]

Quote: I've always said, 'I don't want to be irrelevant.' [Henry Paulson]

Quote: In just about every area of society, there's nothing more important than ethics. [Henry Paulson]

Quote: A Fed loan to Lehman Brothers would not have prevented a bankruptcy. [Henry Paulson]

Quote: Anticompetitive practices hurt Chinese private firms nearly as much as foreign ones. [Henry Paulson]

Quote: As a Christian Scientist, I don't go to doctors and get diagnoses. [Henry Paulson]

Quote: Buying a home today is a complex process, but that in no way excuses home buyers from their obligation for due diligence. [Henry Paulson]

Quote: China and the U.S. are the two largest importers of oil. They are the two largest emitters of carbon. [Henry Paulson]

Quote: China needs a currency that reflects underlying economic fundamentals. [Henry Paulson]

Quote: China saves too much, produces too much, sells too much to Americans and consumes too little. [Henry Paulson]

Quote: 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]

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

Quote: I didn't get the charm gene. [Henry Paulson]

Quote: I have relied on prayer for health care all of my life. [Henry Paulson]

Quote: I never once considered that it was appropriate to put taxpayer money on the line in resolving Lehman Brothers. [Henry Paulson]

Quote: I think all governments engage in intelligence gathering vis-a-vis other governments. [Henry Paulson]

Quote: I'm a straightforward person. I like to be direct with people. [Henry Paulson]

Quote: In China, export lobbies have fought for policies that favor their interests and limit foreign competition. [Henry Paulson]

Quotes of the month