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.
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.
If the financial system collapses, it's really, really hard to put it back together again.
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.
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.'
While we know that we cannot expect to achieve these results every quarter, we continue to see attractive opportunities.
Non-bank financial institutions provide credit that is essential to U.S. businesses and consumers.
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.