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" I think history shows that countries have to have some kind of a threshold level of economic success before they begin to have the means and the will to focus on the environment. "

Henry Paulson

Focus

Success

Kind

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" Indian-Americans are physicians, engineers, CEOs, professors, teachers, entrepreneurs. They are a vital part of the United States' economic and social fabric. Because of this long history, the bonds among our people and our cultures will remain strong. "

" The idea of being Treasury secretary in the abstract appealed to me, but my initial inclination was that it wasn't right for me to take that step. "

" I can't help but think what would have happened if a divisive character such as Trump were president during the 2008 financial crisis, at a time when leadership, compromise, and careful analysis were critical. "

" When you look at territorial disputes, there are good arguments on any sides. I think it's important that we don't take sides on legitimacy. "

" Too often, we restrict trade that would create U.S. jobs and is in our national interest. "

" I never cared about money. When I was at school, I never wanted a car. I was focused on sports, studies, camping, being outdoors. "

" I think it is asking a lot for regulators to be perfect - because they won't be. "

" There is a very real danger that financial regulation will become a wolf in sheep's clothing. "

" 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. "

" Non-bank financial institutions provide credit that is essential to U.S. businesses and consumers. "

" I prefer to work at the policy level, on trying to fix flawed government policies. "

" As we work to promote greater economic opportunity for the American people, we must always remember that the American economy is deeply integrated with the global economy. That brings challenges but even greater opportunities. "

" I do not believe the United States and the Americans are going to let Donald Trump become president... I think the challenge is Donald Trump, with his anti-China rhetoric and with his anti-trade rhetoric, is going to make the job for all of us more difficult going forward. "

" Taxpayer money should not have to be spent to save a misguided and mismanaged enterprise. "

" When companies fail, shareholders bear the losses. It's just the way our system is supposed to work. "

" Moral hazard is something I don't take lightly. "

" Our overriding goal in restructuring our financial architecture should be that taxpayers never again have to save a failing financial institution. "

" If a financial institution has business operations in the United States, hires people in the United States, if they are clogged with illiquid assets, they have the same impact on the American people as any other institution. "

" It is the policy of the federal government to use all resources at its disposal to make our financial system stronger. "

" In my experience, the most effective professionals in business and government have the ability to get things done. They're trained to work with multiple stakeholders, to understand how to identify a problem, devise solutions, to compromise and work well with others. "

" Buying a home today is a complex process, but that in no way excuses home buyers from their obligation for due diligence. "

" I've been through periods of stress, turbulence in the market for over the course of my career, various times, and never in any of those other periods have we had the advantage of a strong economy underpinning the markets. "

" Every good businessman or woman carefully analyzes all the available facts before making a decision. "

" Illiquid asset purchases are all about capital and encouraging private capital to come in. "

" Until we stem the housing correction, until the biggest part of that is behind us and we have more stability in housing prices, we're going to continue to have turmoil in the financial markets. "

Henry Paulson

Behind

Going

" Xi Jinping is a very strong and ambitious leader who is looking to make a lot of changes in China. He is not looking to follow a Western model based on universal suffrage. That is for sure. "

" We need a new tax system. We need entitlement reform. We need immigration reform. These are not easy things. But it is going to take our political system working better. "

" I would come to New York, work, and then get out of New York. I didn't go out to dinner with other people on the Management Committee. I didn't socialize. I didn't politick. "

" As the Indian government has embraced greater economic openness, the creativity and expertise of the Indian workforce has been unleashed onto the world economic stage. "