Phrase by 'Henry Paulson'
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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.
Author: Henry Paulson - American Public ServantGood , Past , Community , Together
Buying a home today is a complex process, but that in no way excuses home buyers from their obligation for due diligence.
Author: Henry Paulson - American Public ServantHome , Process , Way , Today
I believe that the root cause of every financial crisis, the root cause, is flawed government policies.
Author: Henry Paulson - American Public ServantCrisis , Believe , I Believe , Government
Complexity and interconnectedness matter as much as size in assessing risk in banking.
Author: Henry Paulson - American Public ServantMatter , Risk , Banking , Size
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.
Author: Henry Paulson - American Public ServantYou , People , Long , Matter
All of us would like to have our children and their grandchildren grow up with at least the level of prosperity that we had. In the U.S., we seem to be very selfish because the older generation is not making the sacrifices.
Author: Henry Paulson - American Public ServantChildren , Grow , Generation , Selfish