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
I think the danger is to just look through that lens, to lose a sense of perspective and rush toward harsh regulations that are unnecessary. Some regulation will be necessary, some changes in accounting rules.
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.
The Chinese have done some extraordinary things in terms of the investments they've made in alternative sources of energy.
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.
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.
China and the U.S. are the two largest importers of oil. They are the two largest emitters of carbon.
For decades, Indians have immigrated to the United States, joined our communities, and raised their families while maintaining their cultural heritage.
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.
It's a safe banking system, a sound banking system. Our regulators are on top of it. This is a very manageable situation.
Economic growth and environmental protection are not at odds. They're opposite sides of the same coin if you're looking at longer-term prosperity.
Regulation needs to catch up with innovation.
I didn't get the charm gene.
China needs a currency that reflects underlying economic fundamentals.
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.