A Quote by Henry Paulson

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.

Henry Paulson

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Access Accountable Agency Better Better Chance Bubbles Chance Crisis Future Identifying Impact Information Limiting Markets Monitor Necessary Regulator Responsible Risk Run Single Speculative Systemic Up Way Would Would Be

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Henry Paulson
American - Public Servant
Born: March 28, 1946

My preference is for the Federal Reserve to be the systemic risk regulator, because the responsibility for identifying and limiting potential problems is a natural complement to its role in monetary policy.

Henry Paulson

The Fundamental Regulator Paradox ... The task of a regulator is to eliminate variation, but this variation is the ultimate source of information about the quality of its work. Therefore, the better the job a regulator does the less information it gets about how to improve.

Gerald Weinberg

So perhaps the most worrying single remark made by a responsible banking official during the current crisis came from Jochen Sanio, the head of Germany's banking regulator BaFin. He warned on Aug. 1 that his country could be facing the worst banking crisis since 1931 - a reference to the collapse of Austria's Kredit Anstalt, which provoked a wave of bank failures across Europe.

Martin Walker

Some amount of support from government and regulator is required when you are looking at resolving systemic issues.

Arundhati Bhattacharya

Our current way of regulating the financial system is dysfunctional. Oversight is dispersed among numerous confusing bodies that at times have seemed to be racing each other to the bottom. Setting up One Big Regulator would end that problem.

Thomas Frank

Creating a new air traffic control regulator outside of the FAA would be a risky and expensive undertaking, the consequences and costs of which would be borne by American taxpayers and the traveling public.

Mike Pompeo

In the future, financial firms of any type whose failure would pose a systemic risk must accept especially close regulatory scrutiny of their risk-taking.

Ben Bernanke

The regulator's job is not to guarantee us a profit, however much we cry. The regulator's job is to first make sure that the country goes forward and then make sure that the consumer goes forward.

Mukesh Ambani

American business would be run better today if there was more alignment between CEOs' interest and the company. For example, would the financial crisis of 2008 have occurred if the CEO of Lehman and Morgan Stanley and Goldman and Citibank had to take a very small percentage of every mortgage-backed security... or every loan they made?

Aubrey McClendon

I spent my whole career thinking about risk, markets, infrastructure, and regulation. I had seen the financial crisis unfold, and I had seen the credit derivatives market get operationally ahead of itself, which resulted in systemic risk counterparty exposures. I began to believe that distributed ledgers had the capability to tackle that problem.

Blythe Masters

I could blow bubbles. Bubbles would solve any dilemma we face. If bubbles were president there would be no war.

Thom Yorke

TSA serves as the operator, administrator and regulator for the nation's transportation security. But in fact, the TSA bureaucracy does all it can to thwart any conversion to a system with more private-sector operations and strong federal oversight and standards. This agency cannot, and should not, do it all.

John Mica

... immediately call on Congress to pass far-reaching industry regulation like the Firearms Safety and Consumer Protection Act ... [which] would give the Treasury Department health and safety authority over the gun industry, and any rational regulator with that authority would ban handguns.

Josh Sugarmann

[Hillary Clinton] never misused [ information that the Central Intelligence Agency has]. She always protected it. I would trust her with the crown jewels of the United States government. And, more importantly, I would trust her with the future security of the country and the future security of my kids.

Michael Morell

We would like to see new leaders come forward who would be accountable and responsible, who would succeed in ending the terror and the violence. And it is up to the Palestinian people to judge who those new leaders should be.

Colin Powell

The financial crisis of 2008 created a seismic shift in the dynamics of trust in financial services. FinTech would have happened without the global financial crisis - but it would have taken much longer.

Taavet Hinrikus

A Quote by Henry Paulson

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