Henry Paulson Quotes

I don't see (subprime mortgage market troubles) imposing a serious problem.

I think it's going to be largely contained.

It's a safe banking system, a sound banking system.

Our regulators are on top of it. This is a very manageable situation.

There's always light at the end of the tunnel, right? It just depends on how long the tunnel is.

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.

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.

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.

The first priority is to make sure we have capital to continue to have capital available to put into the financial system. That's the first priority.

The U.S. didn't save enough; we borrowed a lot. There were structural imbalances in Asia with exporters, with oil exporters for a whole variety of things.

There are some things that you can work on immediately.

In terms of the overall economy, we've got challenges and the big focus has got to be on recovery, on repair, and that's going to take a while.

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.

I believe that the root cause of every financial crisis, the root cause, is flawed government policies

There's a lot of things we could do better.

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.

I see the underlying economy as being very healthy.

One of the things I enjoy the most is fishing.

The worst is likely to be behind us.

I don't think a bankruptcy is a good thing.

I understand how important the automakers are to America.

And I understand a bankruptcy; a failure in that industry wouldn't be a good thing. It's something we should avoid.

There is no way to stabilize the markets other than through government intervention.