A Quote by Henry Paulson

We must limit the perception that some institutions are either too big or too interconnected to fail.

Henry Paulson

Quote Topics

Big Either Fail Institutions Interconnected Limit Must Perception Some Too

Quote Author

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

It is worth noting that 'too big to fail' is not simply about size. A big institution is 'too big' when there is an expectation that government will do whatever it takes to rescue that institution from failure, thus bestowing an effective risk premium subsidy. Reforms to end 'too big to fail' must address the causes of this expectation.

Jerome Powell

You can't have some institutions that are protected by the law, not allowed to fail, and not held to account, and all the other companies in America are allowed to fail. You can't have equal justice under law and too big to fail.

Eric Schneiderman

We talk about institutions that are too big to fail - I think the story is as much about people who think they are too big to fail.

Andrew Ross Sorkin

Forget about banks that are too big to fail; the focus should be on cities, municipalities and countries that are too big to fail.

Andrew Ross Sorkin

Obama isn't just too big to fail. He's too big to know. Obama is so vital to the country and to the world, he must be kept out of the loop in order to save him from his failed presidency.

Rush Limbaugh

We're still under the weight of this impression that the ocean is too big to fail, that the planet is too big to fail.

Sylvia Earle

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.

Henry Paulson

If a bank's too big so that it can't fail without hurting our economy, well then, it's too big.

Martin O'Malley

We need to think deeply about whether we can sustain banks that are not only too big to fail, but potentially too big to bail.

George Osborne

The Greek debt issue, for example, is such a threat because if that country ever defaulted, it might cause some bank that's 'too big to fail' to actually fail.

Jerry A. Webman

Liberalism is wrong because it doesn't work. If a company is too big to fail, it is too big to exist.

George Will

Where human lives are concerned, time is always short, yet the world has witnessed the vast resources that governments can draw upon to rescue financial institutions deemed 'too big to fail.'

Pope Benedict XVI

We have institutions that have been allowed to become too big to fail because we had all kinds of flaws in our financial infrastructure, in the whole way over-the-counter derivatives work.

Henry Paulson

I'm really concerned that 'too big to fail' has become 'too big for trial'.