Henry Paulson Quotes

• When our markets work, people throughout our economy benefit – Americans seeking to buy a car or buy a home, families borrowing to pay for college, innovators borrowing on the strength of a good idea for a new product or technology, and businesses financing investments that create new jobs.

  Henry Paulson

  Topics in Uncategorized

  Tags in Markets, Throughout

• 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.

  Henry Paulson

  Topics in Uncategorized

  Tags in Entered, Market

• The U.S. and China need to take steps – mostly individually, sometimes together – that will have the mutually beneficial effect of supporting and sustaining economic growth.

  Henry Paulson

  Topics in Uncategorized

  Tags in China, Mostly

• The most pressing and significant problems in the global economy are unsustainable structural issues with regard to the E.U. – fiscal deficits and the structure of the E.U. itself.

  Henry Paulson

  Topics in Uncategorized

  Tags in Structure, Fiscal

• Payment systems are critically important for overall market stability. On a typical business day, U.S. payment and settlement systems settle transactions valued at over $13 trillion.

  Henry Paulson

  Topics in Uncategorized

  Tags in Market, Critically

• India is one of the world’s largest and most peaceful states with advanced nuclear technologies and has been isolated from the rest of the world on nuclear issues.

  Henry Paulson

  Topics in Uncategorized

  Tags in Nuclear, Rest

• 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

  Topics in Uncategorized

  Tags in Religious, India

• In the past, if a homeowner with a mortgage had a problem making the payment, often he’d get together with a lender and strike a deal, because foreclosures are very expensive to the lender and obviously not good for the homeowner and the community.

  Henry Paulson

  Topics in Uncategorized

  Tags in Mortgage, Strike

• 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.

  Henry Paulson

  Topics in Uncategorized

  Tags in Markets, Periods

• 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.

  Henry Paulson

  Topics in Uncategorized

  Tags in Rather, Problem

• 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.’

  Henry Paulson

  Topics in Uncategorized

  Tags in Smartest, Ideas

• From the beginning of time, we’ve had financial crises. People always blame the banks and for good reason. When you look for the root causes, they’re almost always failed government policies.

  Henry Paulson

  Topics in Uncategorized

  Tags in Policies, Beginning

• Foreclosure is to no one’s benefit. I’ve heard estimates that mortgage investors lose 40 to 50 percent on their investment if it goes into foreclosure.

  Henry Paulson

  Topics in Uncategorized

  Tags in Investment, Goes

• 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

  Topics in Uncategorized

  Tags in Effectively, Regulatory

• For decades, Indians have immigrated to the United States, joined our communities, and raised their families while maintaining their cultural heritage.

  Henry Paulson

  Topics in Uncategorized

  Tags in Heritage, Communities

• 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.

  Henry Paulson

  Topics in Uncategorized

  Tags in Creativity, Workforce

• 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.

  Henry Paulson

  Topics in Uncategorized

  Tags in Markets, Move

• As Americans, we shouldn’t like bailouts. Where I come from, if someone takes a risk and they’re going to make the profit from that risk, they shouldn’t have the taxpayer pay for the losses.

  Henry Paulson

  Topics in Uncategorized

  Tags in Profit, Taxpayer

• 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.

  Henry Paulson

  Topics in Uncategorized

  Tags in Market, Resources

• A state-based regulatory system is quite burdensome. It allows price controls to create market distortions. It can hinder development of national products and can directly impact the competitiveness of U.S. insurers.

  Henry Paulson

  Topics in Uncategorized

  Tags in Controls, Directly

Henry Paulson (57)

Birth:	28th March, 1946
Nationality:	American
Profession:	Banker, Chairman, Chief Executive Officer, Politician

About

Hank Paulson is an American banker who served as the 74th United States Secretary of the Treasury. He had served as the Chairman and Chief Executive Officer of Goldman Sachs, and is now chairman of the Paulson Institute, 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 and China.

Related Authors

• Toshihiko Fukui
• Thomas Bulfinch
• Henry Paulson
• Thomas Mellon
• James Wolfensohn
• Bruce Wasserstein
• Audrey Meadows
• Prescott Bush
• Thomas S. Gates Jr.
• William Kean Seymour

Advertisement

Today's Anniversary - 8th April

Births

• 1912 - Sonja Henie
• 1966 - Robin Wright Penn
• 1947 - Tom DeLay
• 1955 - Barbara Kingsolver
• 1961 - Richard Hatch

Deaths

• 1973 - Victor De Kowa
• 1981 - Omar Nelson Bradley
• 1835 - Wilhelm von Humboldt
• 2007 - Sol LeWitt
• 1997 - Laura Nyro