"For market discipline to constrain risk effectively, financial……" — Henry Paulson
"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."
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Henry Paulson
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49 Quotes by Henry Paulson
Henry Paulson has 49 quotes on this site.
A few more worth reading:
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I don't see (subprime mortgage market troubles) imposing a serious problem. I think it's going to be largely contained.
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The worst is likely to be behind us
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I see the underlying economy as being very healthy,
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I believe that the root cause of every financial crisis, the root cause, is flawed government policies
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There is no way to stabilize the markets other than through government intervention.
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Even if you don't have the authorities - and frankly I didn't have the authorities for anything - if you…
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An open, competitive, and liberalized financial market can effectively allocate scarce resources in a manner that promotes stability and prosperity…
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Well, as you know, we're working through a difficult period in our financial markets right now as we work off…
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India is a vibrant nation whose strength lies in its commitment to equal rights and to speech, religious and economic…
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I've always said, 'I don't want to be irrelevant.'
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In just about every area of society, there's nothing more important than ethics.
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A Fed loan to Lehman Brothers would not have prevented a bankruptcy.
See all 49 quotes by Henry Paulson »
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