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" 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. "

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

" I didn't get the charm gene. "

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

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

" 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. "

" No matter how the financial system is set up, no matter what the economic system is, as long as you have people, you're going to have financial crises; you're going to have bubbles that manifest themselves in the financial system. "

" An AIG failure would have been devastating to the financial system and to the economy. "

" I look forward to the day when China has a truly market-determined solution... To get there, you need to have a currency that is market-determined, an open capital market, and you are going to need a competitive, open financial system. "

" In China, export lobbies have fought for policies that favor their interests and limit foreign competition. "

" I was secretary of the Treasury in 2008. In that role, I had the privilege to work with many talented men and women in government and the private sector who labored to pull our nation back from the brink of disaster. "

" If you've got a bazooka, and people know you've got it, you may not have to take it out. "

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

" 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'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. "

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

" China and the U.S. are the two largest importers of oil. They are the two largest emitters of carbon. "

" 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. "

" 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. "

" When you run a company, you want to hand it off in better shape than you found it. In the same way, just as we shouldn't leave our children or grandchildren with mountains of national debt and unsustainable entitlement programs, we shouldn't leave them with the economic and environmental costs of climate change. "

" No bank should be too big or too complex to fail, but almost any bank is too big to liquidate quickly, particularly in the midst of a crisis. "

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

" When our markets work, people throughout our economy benefit - Americans seeking to buy a car or buy a home, families borrowing to pay for college, innovators borrowing on the strength of a good idea for a new product or technology, and businesses financing investments that create new jobs. "

" One of the things I enjoy the most is fishing. "

" 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. "

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

" From the time the kids were in upper grade school and middle school, we took trips over the Christmas break to nature-focused places, such as the Okefenokee Swamp and Cumberland Island in Georgia; Costa Rica; Maho Bay campground in St. John, Virgin Islands; the llanos of Venezuela; the southern coast and highlands of Belize. "

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

" 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. "

" I have relied on prayer for health care all of my life. "

" Complexity and interconnectedness matter as much as size in assessing risk in banking. "