Henry Paulson
Henry Paulson
Henry "Hank" Merritt Paulson, Jr.is an American banker who served as the 74th Secretary of the Treasury. He had served as the Chairman and Chief Executive Officer of Goldman Sachs, and is now a fellow at the Harris School of Public Policy Studies and the 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...
NationalityAmerican
ProfessionPolitician
Date of Birth28 March 1946
CityPalm Beach, FL
CountryUnited States of America
Anticompetitive practices hurt Chinese private firms nearly as much as foreign ones.
A Fed loan to Lehman Brothers would not have prevented a bankruptcy.
In just about every area of society, there's nothing more important than ethics.
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.
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.
One of the things I enjoy the most is fishing.
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.
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.
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.
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.
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
As a child, I could beat most kids in sprints, but overall, wrestling was the most natural sport for me. In fact, I was a pretty good high school wrestler. I was unusually quick and strong.
There is no way to stabilize the markets other than through government intervention.
I believe that the root cause of every financial crisis, the root cause, is flawed government policies