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" I was secretary of the Treasury when the credit bubble burst, so I think it's fair to say that I know a little bit about risk, assessing outcomes, and problem-solving. "

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" If AIG collapsed, it would have buckled our financial system and wrought economic havoc on the lives of millions of our citizens. "

Henry Paulson

Economic

Citizens

System

" 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. "

" I'll be voting for Hillary Clinton, with the hope that she can bring Americans together to do the things necessary to strengthen our economy, our environment, and our place in the world. "

" I believe some of the tensions the U.S. has had with Russia and that the Europeans have had with Russia... China is taking advantage of some of those dealings. "

" I'm telling you that there is no silver bullet to keep home prices from going down or to prevent all foreclosures. "

" I've got to say our banking system is a safe and a sound one. And since the days when we've had federal deposit insurance in place, we haven't had a depositor who's got less than $100,000 in an account lose a penny. So the American people can be very, very confident about their accounts in our banking system. "

" Every global concern - economic, environmental or security-related - can be addressed more effectively when the U.S. and China work together. "

Henry Paulson

Environmental

Together

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

" 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. "

" India is a vibrant nation whose strength lies in its commitment to equal rights and to speech, religious and economic freedoms that enrich the lives of all citizens. India is not only the world's largest democracy; it is also a secular, pluralistic society committed to inclusive growth. "

" The income disparity is a huge issue. And I think that the only solution to this - there is no easy solution - are fundamental changes. That the world is changing quicker than our policies are changing. And we need the kinds of policies that will let us have a competitive economy going forward. "

" America is the land of opportunity. We need to be vigilant in ensuring that each and every American has the opportunity to acquire the skills to compete and to see those skills rewarded in the marketplace. "

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

" When I left the Treasury, there was a poll that showed - and I don't remember the numbers exactly right - something like 90% of the people were against TARP. It prevented a disaster, but you don't get credit for a disaster that people don't see. "

" I never once considered that it was appropriate to put taxpayer money on the line in resolving Lehman Brothers. "

" In all my life, I've been trained that when there's a big problem, you run toward it. "

" A study by Treasury economists estimated that a country with a tax rate one percentage point lower than another country's attracts 3 percent more capital. It's not surprising then, that average OECD corporate tax rates have trended steadily downward. "

" The Chinese have done some extraordinary things in terms of the investments they've made in alternative sources of energy. "

" I happen to think that global slowdown, the slowdown in investment, strengthening dollar probably provide more of a headwind than we get from the decline in oil prices. "

Henry Paulson

Think

Oil

" What began as a subprime lending problem has spread to other, less risky mortgages and contributed to excess home inventories that have pushed down home prices for responsible homeowners. "

" There's a great lack of financial literacy and understanding in this nation, even among college-educated people. "

" 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. "

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

" I hate good press, and I abhor bad press. "

" I'm a straightforward person. I like to be direct with people. "

Henry Paulson

People

Person

" 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. "

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

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

" It's better to have the taxpayer pay for the losses than have the United States of America become an economic wasteland. If the financial system collapses, it's really, really hard to put it back together again. "

" Size is the enemy of excellence in investment banking, particularly when you are trying to put together two different cultures. "