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
Illiquid asset purchases are all about capital and encouraging private capital to come in.
I think all of us know that what we went through in the last half of the Nineties is not sustainable. We're going to need to adjust ourselves to a period of more normal growth. How we think about managing our businesses in that environment is the tricky question we're all grappling with.
I'm telling you that there is no silver bullet to keep home prices from going down or to prevent all foreclosures.
Investment banks are increasingly using their own balance sheets to extend credit to clients, to assume market risk on their behalf and sometimes to co-invest alongside them. Investment banking serves as the main initial point of contact with all of Goldman Sachs for our clients.
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.
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.
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.
Non-bank financial institutions provide credit that is essential to U.S. businesses and consumers.
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.
The Chinese have done some extraordinary things in terms of the investments they've made in alternative sources of energy.
I've always said, 'I don't want to be irrelevant.'
A single agency responsible for systemic risk would be accountable in a way that no regulator was in the run-up to the 2008 crisis. With access to all necessary information to monitor the markets, this regulator would have a better chance of identifying and limiting the impact of future speculative bubbles.
When you have a big, ugly problem, there's never going to be a neat, elegant solution that is totally painless or without a cost.
What I've said repeatedly is, 'I think the auto industry is a very important industry.'