Henry Paulson Quotes


When the financial system works as it should, money and capital flow to and from households and businesses to pay for home loans, school loans, and investments to create jobs.


Citations

Paulson, Henry M. "Statement on Comprehensive Approach to Market Developments." U.S. Department of the Treasury, 19 Sept. 2008.

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After the Great Recession the Mexican bankers, like their American counterparts, tightened their credit standards so much that the only people who could get loans were the ones who didn’t need it. If banks do not make loans, it matters not that they are solid institutions that are well capitalized.


Henry Paulson
Henry Paulson
  • Born: March 28, 1946
  • Nationality: American
  • Profession: Public Servant

Henry Merritt "Hank" Paulson Jr. is an American banker who served as the 74th United States Secretary of the Treasury from 2006 to 2009. Prior to his role in the Department of the Treasury, Paulson was the chairman and chief executive officer (CEO) of Goldman Sachs.