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
We've all got to work to restore business confidence...but I believe that longer term we may look at Enron as being a positive as opposed to a negative, ... It may lead to greater transparency.
The best time for transition is during a period of great strength, ... We believe these appointments and the evolution of the governance of the firm will strengthen our management focus and keep the firm on a solid foundation to serve our clients, develop our people, and execute our strategy.
As I talk with the Chinese on currency, I encourage them to move much more quickly with opening up their capital markets to competition, because I don't believe the world is going to give them as much time as they would like.
We are very confident about the long-term outlook for our business, but believe that the immediate impact will be a further weakening in the operating environment and a delay in the economic recovery, ... However, given increased fiscal and monetary stimulus, we anticipate that long-term economic recovery should be more certain and vigorous than previously expected.
During the third quarter, we saw increasing activity levels across all of our major businesses and believe overall market conditions support a generally optimistic outlook.
Wit Capital has pioneered the integration of the Internet and the capital markets, and both investors and corporate issuers are benefiting as a result, ... We believe that Wit Capital is both an attractive investment for Goldman Sachs and an important part of our ongoing commitment to supporting the Internet and other new technologies in our business.
I believe that the root cause of every financial crisis, the root cause, is flawed government policies
We are taking this step to secure permanent capital to grow; to share ownership broadly among our employees now and through future compensation; and to permit us to use publicly traded securities to finance strategic acquisitions that we may elect to make in the future.
Looking ahead, while we remain cautious about the near-term operating environment, we are confident in the strength of our franchise and the firm's longer-term growth prospects,
We don't have a lot more time to deal with climate change, ... We need the right balance between regulation and market-based approaches.
We've had crooks from the beginning of time... it's always very interesting and troubling why good people do bad things.
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.
Weakness in the capital markets, compounded by an erosion of corporate and investor confidence, has depressed activity in a number of our most important businesses, ... While we have seen some encouraging economic data of late, the current environment remains very challenging.
I've been through periods of stress, turbulence in the market for over the course of my career, various times, and never in any of those other periods have we had the advantage of a strong economy underpinning the markets.