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
anticipate believe certain confident delay economic environment fiscal further given immediate impact increased monetary operating outlook recovery vigorous
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.
controls directly hinder market national products quite system
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.
believe capital chinese encourage markets move opening quickly talk time
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.
benefit borrowing businesses buy car create economy families financing good home innovators markets pay people product seeking strength throughout work
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.
benefits including western
Many of the Western democracies - including the U.S. - have a problem that voters want benefits they don't want to pay for.
across activity believe businesses conditions generally increasing levels major market optimistic overall saw support third
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.
work
I've never been antiregulation. I've always believed that raw, unregulated capitalism doesn't work.
takes taxpayer
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.
business clients company continue environment financial public respond serve strategic strength
As a public company, Goldman Sachs will have the financial strength and strategic flexibility to continue to serve our clients effectively as well as to respond thoughtfully to the business and competitive environment over the long term.
action among benefits meet objective ownership partners share
This action also will meet a fundamental objective of the partners -- to share ownership benefits and responsibilities more broadly among all of the firm's employees.
electronic expanding highlights strategy
This acquisition highlights Goldman Sachs' strategy of expanding our electronic market-making capabilities,
among capital elect employees finance future ownership permanent permit publicly secure securities share step strategic taking traded
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.
activity capital corporate current data depressed economic environment erosion investor number remains seen weakness
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.
people
If you've got a bazooka, and people know you've got it, you may not have to take it out.