Henry Paulson

I think the Chinese are wise. After all, they know the U.S. is in a very different league than Russia. The U.S. is the major power in the world, and the US-China relationship... is very important to global stability, to sustain global economic growth.

I believe some of the tensions the U.S. has had with Russia and that the Europeans have had with Russia... China is taking advantage of some of those dealings.

It\'s better to have the taxpayer pay for the losses than have the United States of America become an economic wasteland. If the financial system collapses, it\'s really, really hard to put it back together again.

A study by Treasury economists estimated that a country with a tax rate one percentage point lower than another country\'s attracts 3 percent more capital. It\'s not surprising then, that average OECD corporate tax rates have trended steadily downward.

All of us would like to have our children and their grandchildren grow up with at least the level of prosperity that we had. In the U.S., we seem to be very selfish because the older generation is not making the sacrifices.

Predators, they\'re the best coal miners\' canary. When they\'re gone, you\'ve got a sick ecosystem.

I would come to New York, work, and then get out of New York. I didn\'t go out to dinner with other people on the Management Committee. I didn\'t socialize. I didn\'t politick.

I grew up on a farm - I know the smell of horse manure. It does smell better than pig manure.

I\'ve long believed the environmental issue is an economic issue and a political issue. The three are entwined. You can\'t build prosperity on any basis other than a long-term basis, and you can\'t do that if you don\'t have a healthy environment.

If AIG collapsed, it would have buckled our financial system and wrought economic havoc on the lives of millions of our citizens.

When you look at territorial disputes, there are good arguments on any sides. I think it\'s important that we don\'t take sides on legitimacy.

I supported some very, very objectionable things in terms of bailouts or rescues, but I did it not for Wall Street, but for the American people.

Every good businessman or woman carefully analyzes all the available facts before making a decision.

I know the automakers are important to the United States. We care about the automobile industry.

No matter how the financial system is set up, no matter what the economic system is, as long as you have people, you\'re going to have financial crises; you\'re going to have bubbles that manifest themselves in the financial system.

When you run a company, you want to hand it off in better shape than you found it. In the same way, just as we shouldn\'t leave our children or grandchildren with mountains of national debt and unsustainable entitlement programs, we shouldn\'t leave them with the economic and environmental costs of climate change.

Taxpayer money should not have to be spent to save a misguided and mismanaged enterprise.

I think it is asking a lot for regulators to be perfect - because they won\'t be.

I never cared about money. When I was at school, I never wanted a car. I was focused on sports, studies, camping, being outdoors.

I look forward to the day when China has a truly market-determined solution... To get there, you need to have a currency that is market-determined, an open capital market, and you are going to need a competitive, open financial system.

The Treasury Department has a critical role to play in helping to set the direction of a U.S. and global economy, a role that reaches back to America\'s founding.

What began as a subprime lending problem has spread to other, less risky mortgages and contributed to excess home inventories that have pushed down home prices for responsible homeowners.

Complexity and interconnectedness matter as much as size in assessing risk in banking.

I do not believe the United States and the Americans are going to let Donald Trump become president... I think the challenge is Donald Trump, with his anti-China rhetoric and with his anti-trade rhetoric, is going to make the job for all of us more difficult going forward.

We don\'t have the necessary laws or powers to deal with failing non-bank institutions. If they\'re a big bank, the depositor has deposit insurance, and the regulators can wind them down without throwing them into bankruptcy.

Xi Jinping is a very strong and ambitious leader who is looking to make a lot of changes in China. He is not looking to follow a Western model based on universal suffrage. That is for sure.

I\'ve always said to everyone that ever worked for me, if you get too dug in on a position, the facts change, and you don\'t change to adapt to the facts, you will never be successful.

America is the land of opportunity. We need to be vigilant in ensuring that each and every American has the opportunity to acquire the skills to compete and to see those skills rewarded in the marketplace.

I have always tried to live by the philosophy that when there is a big problem that needs fixing, you should run towards it, rather than away from it.

There\'s a great lack of financial literacy and understanding in this nation, even among college-educated people.